Jet2 (LON:JET2 - Get Free Report)'s stock had its "outperform" rating reissued by stock analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They presently have a GBX 2,200 ($29.90) target price on the stock. Royal Bank Of Canada's price objective indicates a potential upside of 33.33% from the stock's previous close.
Separately, Canaccord Genuity Group upped their price objective on Jet2 from GBX 2,200 ($29.90) to GBX 2,325 ($31.60) and gave the stock a "buy" rating in a report on Wednesday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of GBX 2,152 ($29.25).
Read Our Latest Stock Report on Jet2
Jet2 Trading Up 0.4%
Shares of Jet2 stock opened at GBX 1,650 ($22.42) on Thursday. The company has a debt-to-equity ratio of 103.30, a current ratio of 1.36 and a quick ratio of 1.49. Jet2 has a 1 year low of GBX 1,088 ($14.79) and a 1 year high of GBX 1,963 ($26.68). The company has a market capitalization of £3.52 billion, a P/E ratio of 8.82, a P/E/G ratio of 9.34 and a beta of 2.27. The business has a 50 day moving average price of GBX 1,790.36 and a 200 day moving average price of GBX 1,544.60.
Jet2 (LON:JET2 - Get Free Report) last issued its quarterly earnings results on Wednesday, July 9th. The company reported GBX 213.10 ($2.90) earnings per share for the quarter. Jet2 had a return on equity of 26.53% and a net margin of 6.38%. Sell-side analysts anticipate that Jet2 will post 170.9134615 EPS for the current fiscal year.
About Jet2
(
Get Free Report)
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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