Jet2 (LON:JET2 - Get Free Report) had its price objective lifted by research analysts at Canaccord Genuity Group from GBX 2,200 ($29.89) to GBX 2,325 ($31.59) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a "buy" rating on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 36.76% from the company's previous close.
Jet2 Stock Performance
LON:JET2 remained flat at GBX 1,700 ($23.09) on Wednesday. 941,259 shares of the company's stock traded hands, compared to its average volume of 1,026,809. The firm has a market cap of £3.63 billion, a PE ratio of 9.09, a P/E/G ratio of 9.34 and a beta of 2.27. Jet2 has a 52-week low of GBX 1,088 ($14.78) and a 52-week high of GBX 1,963 ($26.67). The company has a current ratio of 1.36, a quick ratio of 1.49 and a debt-to-equity ratio of 103.30. The firm's 50-day simple moving average is GBX 1,791.54 and its two-hundred day simple moving average is GBX 1,545.18.
Jet2 (LON:JET2 - Get Free Report) last announced its quarterly earnings data on Wednesday, July 9th. The company reported GBX 213.10 ($2.89) earnings per share (EPS) for the quarter. Jet2 had a return on equity of 26.53% and a net margin of 6.38%. Equities research analysts predict that Jet2 will post 170.9134615 EPS for the current year.
Jet2 Company Profile
(
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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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