Kenton Jarvis Purchases 23 Shares of easyJet (LON:EZJ) Stock

Key Points

• easyJet insider Kenton Jarvis purchased 23 shares at GBX 669 each, totaling £153.87, following similar purchases in July and August.
• easyJet shares slipped 0.1% to GBX 667.80, while the airline’s market capitalization stood at approximately £4.99 billion and its stock traded near its 52-week high.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of GBX 646.43; targets range from GBX 340 to GBX 715.

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 23 shares of the business's stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of GBX 669 per share, for a total transaction of £153.87.

Kenton Jarvis also recently made the following trade(s):

• On Monday, August 10th, Kenton Jarvis acquired 22 shares of easyJet stock. The stock was bought at an average price of GBX 670 per share, with a total value of £147.40.
• On Friday, July 10th, Kenton Jarvis bought 22 shares of easyJet stock. The shares were bought at an average price of GBX 674 per share, for a total transaction of £148.28.

easyJet Trading Down 0.1%

Shares of easyJet stock traded down GBX 1 during trading on Friday, hitting GBX 667.80. 984,814 shares of the company were exchanged, compared to its average volume of 30,791,803. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The firm has a market capitalization of £4.99 billion, a P/E ratio of 12.34, a price-to-earnings-growth ratio of 0.59 and a beta of 1.72. The firm's fifty day moving average price is GBX 651.22 and its 200 day moving average price is GBX 496.76. easyJet plc has a 1-year low of GBX 332.60 and a 1-year high of GBX 683.80.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EZJ. JPMorgan Chase & Co. upped their target price on shares of easyJet from GBX 360 to GBX 715 and gave the company a "neutral" rating in a research note on Friday, August 7th. Royal Bank Of Canada boosted their price target on shares of easyJet from GBX 600 to GBX 715 and gave the company a "sector perform" rating in a report on Friday, August 21st. UBS Group restated a "buy" rating and issued a GBX 635 price objective on shares of easyJet in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 340 price objective on shares of easyJet in a research report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of GBX 646.43.

About easyJet

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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