easyJet plc (LON:EZJ) had its price objective dropped by Citigroup Inc. from GBX 1,500 ($19.58) to GBX 1,200 ($15.66) in a report released on Friday. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price objective indicates a potential upside of 28.55% from the stock’s current price.
Several other analysts have also weighed in on EZJ. Beaufort Securities reiterated a “buy” rating on shares of easyJet plc in a research note on Friday. Credit Suisse Group AG reiterated a “neutral” rating and issued a GBX 1,130 ($14.75) price objective on shares of easyJet plc in a research note on Friday, September 9th. Goodbody restated a “hold” rating on shares of easyJet plc in a research note on Friday, July 22nd. Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 1,280 ($16.71) price target on shares of easyJet plc in a research note on Thursday. Finally, Societe Generale restated a “hold” rating and set a GBX 1,150 ($15.01) price target on shares of easyJet plc in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,482.42 ($19.35).
easyJet plc (LON:EZJ) opened at 933.50 on Friday. easyJet plc has a one year low of GBX 913.50 and a one year high of GBX 1,809.00. The firm’s market cap is GBX 3.68 billion. The company’s 50-day moving average is GBX 1,078.65 and its 200 day moving average is GBX 1,270.21.
In other easyJet plc news, insider Bierwirth,Andreas acquired 1,480 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were acquired at an average cost of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90). Also, insider Brocklesby,Chris sold 2,294 shares of the company’s stock in a transaction dated Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($15.57), for a total transaction of £27,367.42 ($35,723.04).