Panmure Gordon reiterated their sell rating on shares of easyJet plc (LON:EZJ) in a research note released on Tuesday. The brokerage currently has a GBX 820 ($10.23) target price on the stock.
Several other equities analysts also recently weighed in on the company. Liberum Capital reiterated a sell rating and set a GBX 825 ($10.30) target price on shares of easyJet plc in a research report on Tuesday. Kepler Capital Markets upgraded easyJet plc to a hold rating and increased their target price for the stock from GBX 866 ($10.81) to GBX 1,053 ($13.14) in a research report on Monday, January 16th. Morgan Stanley reiterated an overweight rating and set a GBX 1,020 ($12.73) target price on shares of easyJet plc in a research report on Friday, January 13th. Barclays PLC raised their price objective on easyJet plc from GBX 1,000 ($12.48) to GBX 1,020 ($12.73) and gave the stock an equal weight rating in a report on Tuesday, January 10th. Finally, Beaufort Securities restated a buy rating on shares of easyJet plc in a report on Monday, January 9th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 1,218.40 ($15.21).
Shares of easyJet plc (LON:EZJ) traded up 2.75% during trading on Tuesday, reaching GBX 1008.00. The company had a trading volume of 6,371,198 shares. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,607.00. The company’s market capitalization is GBX 3.99 billion. The firm has a 50-day moving average price of GBX 1,022.53 and a 200-day moving average price of GBX 1,032.94.
The company also recently announced a dividend, which will be paid on Friday, March 17th. Stockholders of record on Thursday, February 23rd will be given a GBX 53.80 ($0.67) dividend. The ex-dividend date is Thursday, February 23rd. This represents a dividend yield of 4.95%.
In other news, insider Andrew Findlay sold 13,640 shares of easyJet plc stock in a transaction that occurred on Monday, December 19th. The stock was sold at an average price of GBX 1,024 ($12.78), for a total value of £139,673.60 ($174,308.75). In the last quarter, insiders bought 43 shares of company stock valued at $44,381.
About easyJet plc
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.