Kenton Jarvis Purchases 38 Shares of easyJet (LON:EZJ) Stock

Key Points

• Kenton Jarvis bought 38 easyJet shares on April 10 at an average price of GBX 389 (total £147.82) after purchasing 37 shares on March 10 at GBX 406.
• easyJet shares traded at GBX 376.50 (down GBX 9.70) with a market cap of £2.81 billion, a PE of 5.82, and a one‑year range of GBX 337.10–590.60.
• Analysts are mixed: the consensus rating is Hold with a consensus target of GBX 607.14, based on five Buys, one Hold and two Sells (Deutsche Bank cut its target to GBX 340 while UBS reiterated a GBX 800 buy target).

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 38 shares of the company's stock in a transaction dated Friday, April 10th. The stock was bought at an average cost of GBX 389 per share, for a total transaction of £147.82.

Kenton Jarvis also recently made the following trade(s):

• On Tuesday, March 10th, Kenton Jarvis bought 37 shares of easyJet stock. The shares were bought at an average price of GBX 406 per share, with a total value of £150.22.

easyJet Stock Performance

easyJet stock traded down GBX 9.70 during trading hours on Monday, hitting GBX 376.50. The company had a trading volume of 15,131,045 shares, compared to its average volume of 26,981,635. The firm has a 50-day moving average of GBX 418.93 and a 200 day moving average of GBX 461.79. The company has a debt-to-equity ratio of 83.65, a current ratio of 1.11 and a quick ratio of 1.09. The firm has a market cap of £2.81 billion, a PE ratio of 5.82, a PEG ratio of 0.59 and a beta of 1.76. easyJet plc has a one year low of GBX 337.10 and a one year high of GBX 590.60.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their price target on easyJet from GBX 465 to GBX 340 and set a "sell" rating for the company in a research note on Thursday, March 19th. UBS Group restated a "buy" rating and issued a GBX 800 price target on shares of easyJet in a research note on Friday, January 16th. Citigroup reduced their price target on easyJet from GBX 500 to GBX 490 and set a "neutral" rating for the company in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 590 price target on shares of easyJet in a research note on Monday, February 2nd. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of GBX 607.14.

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. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.

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