easyJet plc (LON:EZJ) had its target price decreased by stock analysts at Kepler Capital Markets from GBX 965 ($12.60) to GBX 866 ($11.30) in a research note issued on Friday. The brokerage currently has a “reduce” rating on the stock. Kepler Capital Markets’ target price would suggest a potential downside of 7.23% from the company’s previous close.
Several other research firms have also recently commented on EZJ. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 1,520 ($19.84) price target on shares of easyJet plc in a report on Monday, July 25th. HSBC reaffirmed a “reduce” rating on shares of easyJet plc in a report on Tuesday, September 20th. Macquarie reaffirmed an “outperform” rating and issued a GBX 1,275 ($16.64) price target on shares of easyJet plc in a report on Friday, September 30th. Liberum Capital reaffirmed a “sell” rating on shares of easyJet plc in a report on Tuesday, September 6th. Finally, Beaufort Securities raised easyJet plc to a “buy” rating in a report on Friday, August 5th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,482.42 ($19.35).
Shares of 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 has a 50 day moving average price of GBX 1,078.65 and a 200 day moving average price of GBX 1,270.21. The stock’s market capitalization is GBX 3.68 billion.
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 ($15.57), for a total value of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas bought 1,480 shares of the firm’s stock in a transaction that occurred on Wednesday, July 27th. The stock was bought at an average price of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90).