The easyJet plc (EZJ) Price Target Cut to GBX 1,200 by Analysts at Citigroup Inc.

The easyJet plc (EZJ) Price Target Cut to GBX 1,200 by Analysts at Citigroup Inc.

easyJet plc (LON:EZJ) had its price objective decreased by Citigroup Inc. from GBX 1,500 ($18.56) to GBX 1,200 ($14.85) in a research note issued to investors on Friday morning. Citigroup Inc. currently has a buy rating on the stock.

Several other research firms have also recently weighed in on EZJ. JPMorgan Chase & Co. cut easyJet plc to a neutral rating and cut their price objective for the company from GBX 1,900 ($23.51) to GBX 1,150 ($14.23) in a research report on Wednesday, July 20th. Goodbody reaffirmed a hold rating on shares of easyJet plc in a research report on Tuesday, September 6th. Credit Suisse Group AG cut their price objective on easyJet plc from GBX 1,109 ($13.73) to GBX 966 ($11.96) and set a neutral rating on the stock in a research report on Thursday, October 6th. Societe Generale reissued a hold rating and issued a GBX 1,150 ($14.23) price target on shares of easyJet plc in a research report on Thursday, October 6th. Finally, HSBC reissued a reduce rating on shares of easyJet plc in a research report on Tuesday, September 20th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the stock. easyJet plc currently has an average rating of Hold and an average price target of GBX 1,355.54 ($16.78).

Shares of easyJet plc (LON:EZJ) opened at 897.50 on Friday. The firm has a 50-day moving average price of GBX 1,058.73 and a 200-day moving average price of GBX 1,251.88. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,809.00. The stock’s market capitalization is GBX 3.54 billion.

In related news, insider Brocklesby,Chris sold 2,294 shares of the stock in a transaction dated Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($14.76), for a total value of £27,367.42 ($33,870.57). Also, insider Bierwirth,Andreas purchased 1,480 shares of the stock in a transaction that occurred on Wednesday, July 27th. The stock was acquired at an average cost of GBX 1,004 ($12.43) per share, with a total value of £14,859.20 ($18,390.10).

Related posts

Leave a Comment