easyJet plc (LON:EZJ) had its price target dropped by investment analysts at Numis Securities Ltd from GBX 1,200 ($14.99) to GBX 1,050 ($13.12) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “hold” rating on the stock. Numis Securities Ltd’s price target suggests a potential upside of 2.94% from the company’s previous close.
Other equities analysts have also issued reports about the company. Deutsche Bank AG reiterated a “buy” rating and set a GBX 1,520 ($18.99) price objective on shares of easyJet plc in a research report on Tuesday, July 19th. Citigroup Inc. reduced their price target on easyJet plc from GBX 1,600 ($19.99) to GBX 1,500 ($18.74) and set a “buy” rating on the stock in a research report on Friday, July 22nd. Beaufort Securities upgraded easyJet plc to a “buy” rating in a research report on Friday, August 5th. Liberum Capital restated a “buy” rating and set a GBX 1,930 ($24.11) price target on shares of easyJet plc in a research report on Thursday, August 25th. Finally, Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 1,280 ($15.99) price target on shares of easyJet plc in a research report on Thursday, October 6th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the company. easyJet plc has an average rating of “Hold” and a consensus price target of GBX 1,312.72 ($16.40).
easyJet plc (LON:EZJ) traded down 0.20% during midday trading on Tuesday, hitting GBX 1020.00. The stock had a trading volume of 1,697,552 shares. The company’s market cap is GBX 4.02 billion. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,771.00. The firm’s 50-day moving average price is GBX 973.62 and its 200 day moving average price is GBX 1,146.95.
The company also recently disclosed a dividend, which will be paid on Friday, March 17th. Investors of record on Thursday, February 23rd will be issued a GBX 53.80 ($0.67) dividend. This represents a dividend yield of 4.95%. The ex-dividend date of this dividend is Thursday, February 23rd.
In related news, insider Brocklesby,Chris sold 2,294 shares of easyJet plc stock in a transaction on Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($14.91), for a total value of £27,367.42 ($34,192.18).