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).