Jet2 (LON:JET2 - Get Free Report)'s stock had its "outperform" rating reissued by analysts at Royal Bank Of Canada in a report issued on Thursday, MarketBeat reports. They currently have a GBX 2,200 ($29.67) target price on the stock. Royal Bank Of Canada's price target suggests a potential upside of 29.41% from the stock's current price.
Separately, Canaccord Genuity Group increased their target price on Jet2 from GBX 2,200 ($29.67) to GBX 2,325 ($31.36) and gave the company a "buy" rating in a research note on Wednesday.
Check Out Our Latest Stock Analysis on Jet2
Jet2 Stock Performance
Jet2 stock remained flat at GBX 1,700 ($22.93) during trading on Thursday. 941,259 shares of the company were exchanged, compared to its average volume of 1,026,809. The business's 50-day simple moving average is GBX 1,792.22 and its 200-day simple moving average is GBX 1,545.74. The company has a debt-to-equity ratio of 103.30, a quick ratio of 1.49 and a current ratio of 1.36. Jet2 has a 12-month low of GBX 1,088 ($14.67) and a 12-month high of GBX 1,963 ($26.47). The company has a market cap of £3.63 billion, a price-to-earnings ratio of 9.09, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27.
Jet2 (LON:JET2 - Get Free Report) last announced its earnings results on Wednesday, July 9th. The company reported GBX 213.10 ($2.87) EPS for the quarter. Jet2 had a return on equity of 26.53% and a net margin of 6.38%. Analysts anticipate that Jet2 will post 170.9134615 EPS for the current year.
About Jet2
(
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Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays.
Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.
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