Credit Suisse Group Reaffirms “Outperform” Rating for easyJet plc (EZJ)

Credit Suisse Group restated their outperform rating on shares of easyJet plc (LON:EZJ) in a report released on Thursday morning. They currently have a GBX 1,583 ($20.44) price objective on the stock.

EZJ has been the subject of a number of other research reports. HSBC Holdings plc reissued a buy rating and set a GBX 1,600 ($20.66) price target (up previously from GBX 1,550 ($20.02)) on shares of easyJet plc in a research report on Monday, September 4th. UBS AG reissued a buy rating on shares of easyJet plc in a research report on Monday, September 11th. Barclays PLC reissued an equal weight rating and set a GBX 1,150 ($14.85) price target on shares of easyJet plc in a research report on Monday, July 17th. Deutsche Bank AG set a GBX 1,310 ($16.92) price target on shares of easyJet plc and gave the stock a neutral rating in a research report on Tuesday, August 29th. Finally, J P Morgan Chase & Co raised their price target on shares of easyJet plc from GBX 875 ($11.30) to GBX 1,210 ($15.63) and gave the stock an underweight rating in a research report on Wednesday, May 31st. Seven analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 1,247.04 ($16.11).

Shares of easyJet plc (LON:EZJ) opened at 1213.00 on Thursday. The stock’s market cap is GBX 4.77 billion. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,444.00. The stock’s 50 day moving average is GBX 1,236.81 and its 200 day moving average is GBX 1,214.76.

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In other news, insider Andrew Findlay purchased 119 shares of easyJet plc stock in a transaction dated Friday, June 30th. The stock was acquired at an average cost of GBX 1,363 ($17.60) per share, for a total transaction of £1,621.97 ($2,094.76). In the last ninety days, insiders have acquired 417 shares of company stock worth $530,359.

About easyJet plc

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

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