easyJet (EZJ) Earns Hold Rating from Societe Generale

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easyJet (LON:EZJ)‘s stock had its “hold” rating restated by equities research analysts at Societe Generale in a report issued on Friday.

Other research analysts have also recently issued research reports about the stock. HSBC reaffirmed a “buy” rating and issued a GBX 2,000 ($26.13) price target on shares of easyJet in a report on Monday, July 2nd. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,800 ($23.52) price target on shares of easyJet in a report on Monday, August 6th. UBS Group reaffirmed a “neutral” rating on shares of easyJet in a report on Wednesday, August 15th. Credit Suisse Group set a GBX 2,059 ($26.90) price target on shares of easyJet and gave the stock a “buy” rating in a report on Thursday, September 6th. Finally, Kepler Capital Markets upped their price target on shares of easyJet from GBX 1,831 ($23.93) to GBX 1,993 ($26.04) and gave the stock a “buy” rating in a report on Thursday, July 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the company’s stock. easyJet presently has an average rating of “Hold” and a consensus target price of GBX 1,648.26 ($21.54).

Shares of EZJ stock opened at GBX 1,074.50 ($14.04) on Friday. easyJet has a 1 year low of GBX 977.38 ($12.77) and a 1 year high of GBX 1,698.69 ($22.20).

In related news, insider Kyla Mullins sold 1,629 shares of the company’s stock in a transaction on Thursday, August 16th. The shares were sold at an average price of GBX 1,573 ($20.55), for a total value of £25,624.17 ($33,482.52). Insiders purchased 32 shares of company stock valued at $44,480 over the last quarter.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; 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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Analyst Recommendations for easyJet (LON:EZJ)

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