easyJet (LON:EZJ) Rating Reiterated by Deutsche Bank

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easyJet (LON:EZJ)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued research reports about the company. HSBC downgraded to a “reduce” rating and reduced their target price for the company from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Credit Suisse Group set a $180.00 target price on Accenture and gave the company a “hold” rating in a research report on Friday, June 28th. Oddo Bhf set a GBX 1,170 ($15.29) target price on easyJet and gave the company a “neutral” rating in a research report on Monday, May 20th. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. Finally, Liberum Capital reiterated a “sell” rating on shares of Marks and Spencer Group in a report on Friday, May 24th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,179.14 ($15.41).

LON:EZJ opened at GBX 991.40 ($12.95) on Friday. easyJet has a 52 week low of GBX 840 ($10.98) and a 52 week high of GBX 1,737 ($22.70). The company has a debt-to-equity ratio of 58.86, a current ratio of 0.60 and a quick ratio of 0.50. The stock has a market capitalization of $3.94 billion and a P/E ratio of 20.27. The company has a fifty day simple moving average of GBX 924.93.

In other news, insider John Barton acquired 11,000 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were purchased at an average price of GBX 902 ($11.79) per share, for a total transaction of £99,220 ($129,648.50). Insiders purchased a total of 11,032 shares of company stock worth $9,952,608 in the last quarter.

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; 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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