easyJet (LON:EZJ) Insider Purchases £35,251.20 in Stock

Key Points

• Sue Clark, an insider at easyJet, purchased 7,680 shares at an average cost of GBX 459, totaling approximately £35,251.20.
• easyJet's shares have shown a 1-year low of GBX 401.05 and a high of GBX 594, with current trading around GBX 451.58.
• Brokerage ratings indicate a mixture of opinions, with JPMorgan upgrading the target price to GBX 700, while Deutsche Bank lowered theirs to GBX 535; the average target price now sits at GBX 617.50.

easyJet plc (LON:EZJ - Get Free Report) insider Sue Clark acquired 7,680 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were bought at an average price of GBX 459 per share, for a total transaction of £35,251.20.

easyJet Stock Up 1.1%

Shares of easyJet stock traded up GBX 4.80 on Friday, reaching GBX 453.20. 5,124,250 shares of the company were exchanged, compared to its average volume of 12,953,655. easyJet plc has a one year low of GBX 401.05 and a one year high of GBX 594. The company has a market capitalization of £3.40 billion, a price-to-earnings ratio of 833.09, a PEG ratio of 0.59 and a beta of 2.49. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. The company has a 50-day moving average of GBX 491.79 and a 200 day moving average of GBX 505.18.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EZJ. Deutsche Bank Aktiengesellschaft dropped their price target on easyJet from GBX 600 to GBX 535 and set a "hold" rating on the stock in a research note on Friday. JPMorgan Chase & Co. increased their price target on easyJet from GBX 670 to GBX 700 and gave the company an "overweight" rating in a research note on Friday, July 18th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, easyJet currently has a consensus rating of "Moderate Buy" and an average 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.