Jet2 (LON:JET2 - Get Free Report)'s stock had its "outperform" rating reaffirmed by research analysts at Royal Bank of Canada in a research report issued on Friday, MarketBeat Ratings reports. They presently have a GBX 1,950 ($24.68) price objective on the stock. Royal Bank of Canada's target price would indicate a potential upside of 37.03% from the stock's current price.
A number of other analysts also recently weighed in on the stock. Jefferies Financial Group reissued a "buy" rating and set a GBX 1,800 ($22.78) target price on shares of Jet2 in a research report on Friday, February 16th. Canaccord Genuity Group lifted their target price on shares of Jet2 from GBX 1,850 ($23.41) to GBX 1,900 ($24.05) and gave the stock a "buy" rating in a research note on Thursday, February 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 1,850 ($23.41).
View Our Latest Analysis on Jet2
Jet2 Trading Down 2.9 %
Shares of LON JET2 traded down GBX 43 ($0.54) during trading on Friday, reaching GBX 1,423 ($18.01). The company had a trading volume of 545,097 shares, compared to its average volume of 461,760. The stock has a market cap of £3.05 billion, a P/E ratio of 781.87, a PEG ratio of 9.34 and a beta of 2.26. The company's fifty day moving average price is GBX 1,402.52 and its 200-day moving average price is GBX 1,250.97. The company has a quick ratio of 1.49, a current ratio of 1.62 and a debt-to-equity ratio of 87.09. Jet2 has a 12 month low of GBX 960 ($12.15) and a 12 month high of GBX 1,568 ($19.85).
Jet2 Company Profile
(
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Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.
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