easyJet plc (LON:EZJ) was upgraded by Beaufort Securities to a "buy" rating in a report released on Friday, MarketBeat.com reports.
A number of other research analysts have also weighed in on the company. Credit Suisse (SIX:CSGN) reissued an "outperform" rating and issued a GBX 2,137 ($28.22) price objective on shares of easyJet plc in a report on Friday, April 22. Royal Bank Of Canada raised easyJet plc to an "outperform" rating and increased their price objective for the company from GBX 1,450 ($19.15) to GBX 1,500 ($19.81) in a report on Monday, May 9th. Deutsche Bank AG (DE:DBKGn) reissued a "buy" rating and issued a GBX 1,520 ($20.07) price objective on shares of easyJet plc in a report on Monday, July 25th. Jefferies Group reissued a "buy" rating and issued a GBX 1,800 ($23.77) price objective on shares of easyJet plc in a report on Tuesday, April 26th. Finally, Barclays (LON:BARC) reissued an "equal weight" rating and issued a GBX 1,150 ($15.19) price objective on shares of easyJet plc in a report on Friday, July 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has an average rating of "Hold" and a consensus price target of GBX 1,653.67 ($21.84).
In other news, insider Bierwirth,Andreas acquired 1,480 shares of the company's stock in a transaction dated Wednesday, July 27th. The stock was acquired at an average cost of GBX 1,004 ($13.26) per share, with a total value of ?14,859.20 ($19,621.29). Also, insider Barton,John acquired 10,000 shares of the company's stock in a transaction dated Wednesday, June 29th. The stock was purchased at an average cost of GBX 1,068 ($14.10) per share, with a total value of ?106,800 ($141,027.33).
easyJet plc (LON:EZJ) opened at 1009.00 on Friday, MarketBeat.com reports. easyJet plc has a 12-month low of GBX 973.00 and a 12-month high of GBX 1,846.28. The company has a 50-day moving average price of GBX 1,143.12 and a 200-day moving average price of GBX 1,414.15. The stock's market capitalization is GBX 3.98 billion.
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.