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.
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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