easyJet (EZJ) Given a GBX 1,683 Price Target by Credit Suisse Group Analysts

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easyJet (LON:EZJ) has been assigned a GBX 1,683 ($21.99) price target by equities research analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Credit Suisse Group’s target price indicates a potential upside of 37.44% from the company’s previous close.

A number of other equities analysts have also recently commented on the stock. Deutsche Bank reissued a “hold” rating and issued a GBX 1,440 ($18.82) price objective (down from GBX 1,915 ($25.02)) on shares of easyJet in a research note on Wednesday, October 24th. Societe Generale reissued a “hold” rating on shares of easyJet in a research note on Friday, October 19th. HSBC reissued a “buy” rating and issued a GBX 1,600 ($20.91) price objective on shares of easyJet in a research note on Thursday, October 18th. Royal Bank of Canada set a GBX 1,600 ($20.91) price objective on shares of easyJet and gave the stock a “buy” rating in a research note on Wednesday, October 17th. Finally, Barclays restated an “equal weight” rating on shares of easyJet in a report on Monday, October 15th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 1,635.69 ($21.37).

Shares of LON:EZJ opened at GBX 1,224.50 ($16.00) on Tuesday. easyJet has a 52 week low of GBX 977.38 ($12.77) and a 52 week high of GBX 1,698.69 ($22.20).

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