easyJet (OTCMKTS:EJTTF)‘s stock had its “buy” rating reiterated by stock analysts at Cantor Fitzgerald in a research report issued to clients and investors on Monday, AnalystRatings.com reports. They presently have a $15.00 target price on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 31.58% from the company’s current price.
Other research analysts also recently issued reports about the company. Royal Bank of Canada reiterated a “buy” rating on shares of easyJet in a research report on Monday, April 1st. Macquarie reiterated a “buy” rating on shares of easyJet in a research report on Tuesday, April 2nd. Zacks Investment Research upgraded easyJet from a “sell” rating to a “hold” rating in a research report on Monday, June 17th. Commerzbank reiterated a “hold” rating and set a $1,100.00 target price on shares of easyJet in a research report on Thursday, May 23rd. Finally, JPMorgan Chase & Co. reiterated a “hold” rating on shares of easyJet in a research report on Tuesday, April 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $377.33.
OTCMKTS EJTTF opened at $11.40 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.30. The company has a market cap of $4.53 billion, a P/E ratio of 7.22 and a beta of 1.10. easyJet has a one year low of $13.45 and a one year high of $24.00. The firm’s 50 day moving average price is $13.69.
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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