easyJet plc (LON:EZJ) Given Average Rating of "Hold" by Brokerages

Key Points

• Analysts give easyJet an average recommendation of "Hold" across eight brokerages (2 sell, 1 hold, 5 buy) with an average 1‑year target price of GBX 607.14.
• Recent broker activity is mixed: JPMorgan cut to "underweight" and trimmed its target to GBX 400, Deutsche Bank cut to a GBX 340 sell, while UBS reaffirmed a buy with a GBX 800 target, highlighting divergent views on the stock.
• The stock opened at GBX 346.90, trading near its 12‑month low (GBX 337.10) versus a high of GBX 590.60, with a market cap of £2.59bn and a low P/E of 5.36.

easyJet plc (LON:EZJ - Get Free Report) has received an average recommendation of "Hold" from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 607.14.

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. cut easyJet to an "underweight" rating and cut their price objective for the company from GBX 500 to GBX 400 in a report on Monday, December 1st. Citigroup dropped their target price on shares of easyJet from GBX 500 to GBX 490 and set a "neutral" rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 590 price target on shares of easyJet in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft lowered their target price on easyJet from GBX 465 to GBX 340 and set a "sell" rating for the company in a report on Thursday, March 19th. Finally, UBS Group reissued a "buy" rating and issued a GBX 800 price target on shares of easyJet in a research note on Friday, January 16th.

easyJet Price Performance

Shares of EZJ stock opened at GBX 346.90 on Monday. easyJet has a 12-month low of GBX 337.10 and a 12-month high of GBX 590.60. The firm has a market capitalization of £2.59 billion, a price-to-earnings ratio of 5.36, a price-to-earnings-growth ratio of 0.59 and a beta of 1.71. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 83.65. The firm has a fifty day moving average of GBX 441.74 and a 200-day moving average of GBX 468.24.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.

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