easyJet (EZJ) Stock Rating Reaffirmed by Liberum Capital

easyJet (LON:EZJ)‘s stock had its “sell” rating reissued by analysts at Liberum Capital in a note issued to investors on Wednesday. They currently have a GBX 1,100 ($14.80) target price on the stock. Liberum Capital’s price target would suggest a potential downside of 24.24% from the stock’s current price.

EZJ has been the subject of a number of other reports. reissued a “buy” rating and issued a GBX 1,600 ($21.53) price target (up from GBX 1,550 ($20.86)) on shares of easyJet in a research report on Monday, September 4th. UBS reissued a “buy” rating on shares of easyJet in a research report on Monday, September 11th. Deutsche Bank set a GBX 1,310 ($17.63) price target on shares of easyJet and gave the company a “neutral” rating in a research report on Tuesday, August 29th. J P Morgan Chase & Co reaffirmed an “underweight” rating and issued a GBX 1,380 ($18.57) target price on shares of easyJet in a report on Monday, October 9th. Finally, Redburn Partners reaffirmed a “buy” rating and issued a GBX 1,900 ($25.57) target price on shares of easyJet in a report on Monday, November 27th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,375.84 ($18.52).

Shares of easyJet (EZJ) opened at GBX 1,452 ($19.54) on Wednesday. easyJet has a 1 year low of GBX 906.39 ($12.20) and a 1 year high of GBX 1,461.50 ($19.67).

In other news, insider Andrew Findlay acquired 122 shares of easyJet stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average price of GBX 1,322 ($17.79) per share, with a total value of £1,612.84 ($2,170.71). Also, insider Johan Lundgren acquired 20,000 shares of easyJet stock in a transaction that occurred on Wednesday, December 6th. The shares were purchased at an average cost of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). Insiders have purchased 20,406 shares of company stock worth $29,368,685 in the last three months.

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About easyJet

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 (LON:EZJ)

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