easyJet (LON:EZJ - Get Free Report) had its price objective raised by investment analysts at JPMorgan Chase & Co. from GBX 360 to GBX 715 in a research report issued to clients and investors on Friday,London Stock Exchange reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 7.13% from the company's current price.
EZJ has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft restated a "sell" rating and set a GBX 340 target price on shares of easyJet in a report on Tuesday, June 2nd. Royal Bank Of Canada downgraded easyJet to a "sector perform" rating and set a GBX 600 price target for the company. in a report on Friday. Finally, UBS Group reissued a "buy" rating and issued a GBX 635 price objective on shares of easyJet in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of GBX 630.
Check Out Our Latest Report on easyJet
easyJet Trading Down 0.4%
LON EZJ opened at GBX 667.40 on Friday. The firm has a market capitalization of £4.99 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 0.59 and a beta of 1.70. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10. easyJet has a one year low of GBX 332.60 and a one year high of GBX 683.80. The company's 50 day moving average price is GBX 567.76 and its 200 day moving average price is GBX 463.53.
easyJet (LON:EZJ - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. easyJet had a return on equity of 11.57% and a net margin of 3.93%.The business had revenue of GBX 395 million for the quarter. On average, sell-side analysts predict that easyJet will post 67.3369565 EPS for the current year.
easyJet Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider easyJet, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and easyJet wasn't on the list.
While easyJet currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.
This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
