Jet2 plc (LON:JET2 - Get Free Report)'s share price shot up 1.5% during mid-day trading on Monday . The company traded as high as GBX 1,391 ($18.68) and last traded at GBX 1,388 ($18.64). 1,063,283 shares changed hands during trading, a decline of 19% from the average session volume of 1,307,481 shares. The stock had previously closed at GBX 1,367 ($18.36).
Analyst Ratings Changes
A number of brokerages have issued reports on JET2. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Jet2 from GBX 2,150 to GBX 2,059 and set a "buy" rating on the stock in a research note on Thursday, September 4th. Canaccord Genuity Group reduced their price objective on shares of Jet2 from GBX 2,335 to GBX 2,250 and set a "buy" rating on the stock in a research note on Thursday, September 4th. Royal Bank Of Canada reduced their price objective on shares of Jet2 from GBX 2,200 to GBX 2,150 and set an "outperform" rating on the stock in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Jet2 in a research note on Friday, July 18th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Jet2 presently has an average rating of "Buy" and an average price target of GBX 2,127.25.
Get Our Latest Report on JET2
Jet2 Price Performance
The stock has a market cap of £2.71 billion, a P/E ratio of 669.88, a PEG ratio of 9.34 and a beta of 2.27. The company has a debt-to-equity ratio of 103.30, a current ratio of 1.36 and a quick ratio of 1.49. The business's fifty day moving average price is GBX 1,554.66 and its 200 day moving average price is GBX 1,585.78.
Jet2 (LON:JET2 - Get Free Report) last posted its earnings results on Wednesday, July 9th. The company reported GBX 213.10 EPS for the quarter. Jet2 had a net margin of 6.38% and a return on equity of 26.53%. Sell-side analysts forecast that Jet2 plc will post 170.9134615 EPS for the current fiscal 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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