Kenton Jarvis Buys 32 Shares of easyJet (LON:EZJ) Stock

Key Points

• Kenton Jarvis, an insider at easyJet, purchased 32 shares at an average price of GBX 470, totaling £150.40 on October 10th.
• easyJet's stock shows a 52-week range between GBX 401.05 and GBX 594, with a current market capitalization of £3.48 billion.
• Analyst ratings for easyJet include a "buy" from Jefferies, while Deutsche Bank has lowered its target price to GBX 535 with a "hold" rating; the consensus rating remains a "Moderate Buy."

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 32 shares of easyJet stock in a transaction that occurred on Friday, October 10th. The stock was purchased at an average cost of GBX 470 per share, with a total value of £150.40.

easyJet Price Performance

LON EZJ traded up GBX 1.10 during trading hours on Monday, hitting GBX 464. 1,868,719 shares of the company's stock traded hands, compared to its average volume of 12,965,726. easyJet plc has a 52-week low of GBX 401.05 and a 52-week high of GBX 594. The company has a market capitalization of £3.48 billion, a PE ratio of 852.94, a PEG ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 110.33, a current ratio of 1.02 and a quick ratio of 1.09. The firm's 50-day moving average is GBX 480.21 and its 200-day moving average is GBX 502.55.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of easyJet in a research note on Monday, September 22nd. Deutsche Bank Aktiengesellschaft cut their target price on easyJet from GBX 600 to GBX 535 and set a "hold" rating for the company in a research note on Friday, September 19th. Finally, JPMorgan Chase & Co. raised their target price on easyJet from GBX 670 to GBX 700 and gave the stock an "overweight" rating in a research note on Friday, July 18th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 617.50.

About easyJet

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.

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