easyJet (LON:EZJ) PT Set at GBX 1,600 by Royal Bank of Canada

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Royal Bank of Canada set a GBX 1,600 ($20.91) price objective on easyJet (LON:EZJ) in a research note issued to investors on Wednesday, October 17th. The firm currently has a buy rating on the stock.

EZJ has been the topic of several other reports. UBS Group set a GBX 1,900 ($24.83) price target on easyJet and gave the stock a neutral rating in a research report on Wednesday, August 8th. Citigroup raised easyJet to a buy rating and set a GBX 1,800 ($23.52) target price on the stock in a research report on Friday, August 31st. Barclays reaffirmed an equal weight rating on shares of easyJet in a research report on Monday, October 15th. Sanford C. Bernstein set a GBX 1,000 ($13.07) target price on easyJet and gave the company a sell rating in a research report on Monday, October 1st. Finally, Kepler Capital Markets cut their target price on easyJet from GBX 1,993 ($26.04) to GBX 1,659 ($21.68) and set a buy rating on the stock in a research report on Thursday, September 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have given a buy rating to the stock. easyJet presently has a consensus rating of Hold and an average price target of GBX 1,635.69 ($21.37).

easyJet stock traded up GBX 26 ($0.34) during midday trading on Wednesday, hitting GBX 1,254 ($16.39). 2,982,208 shares of the company were exchanged, compared to its average volume of 2,170,000. easyJet has a fifty-two week low of GBX 977.38 ($12.77) and a fifty-two week high of GBX 1,698.69 ($22.20).

In related news, insider Kyla Mullins sold 1,629 shares of the company’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of GBX 1,573 ($20.55), for a total transaction of £25,624.17 ($33,482.52).

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

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Analyst Recommendations for easyJet (LON:EZJ)

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