easyJet - EZJ Share Forecast, Price & News

easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its 'easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.

easyJet Trading Down 1.5 %

LON:EZJ traded down GBX 6 ($0.07) during trading on Friday, hitting GBX 399.90 ($4.90). The stock had a trading volume of 2,643,323 shares, compared to its average volume of 5,929,493. The stock has a 50 day simple moving average of GBX 411.27 and a 200 day simple moving average of GBX 510.68. The company has a debt-to-equity ratio of 169.63, a quick ratio of 0.96 and a current ratio of 1.22. easyJet has a one year low of GBX 338.25 ($4.14) and a one year high of GBX 865.80 ($10.61). The stock has a market capitalization of £3.03 billion and a price-to-earnings ratio of -3.73.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EZJ shares. Berenberg Bank decreased their target price on easyJet from GBX 750 ($9.19) to GBX 560 ($6.86) and set a "buy" rating for the company in a research note on Wednesday, July 27th. JPMorgan Chase & Co. set a GBX 310 ($3.80) price target on easyJet in a report on Tuesday, July 26th. UBS Group set a GBX 805 ($9.86) price target on easyJet in a research report on Tuesday, July 26th. The Goldman Sachs Group set a GBX 606 ($7.43) target price on easyJet in a research report on Monday, August 1st. Finally, Morgan Stanley set a GBX 800 ($9.80) price target on easyJet in a research note on Monday, June 6th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, easyJet presently has an average rating of "Hold" and a consensus target price of GBX 636.43 ($7.80).

Insider Activity

In other easyJet news, insider Moni Mannings acquired 2,639 shares of easyJet stock in a transaction that occurred on Friday, July 1st. The stock was bought at an average price of GBX 377 ($4.62) per share, with a total value of £9,949.03 ($12,190.94). Over the last quarter, insiders purchased 2,711 shares of company stock valued at $1,025,232.