easyJet (LON:EZJ) was downgraded by investment analysts at Beaufort Securities to a “hold” rating in a report released on Friday, January 5th.

A number of other research analysts also recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of easyJet in a research note on Monday, September 11th. Numis Securities cut easyJet to a “sell” rating in a research note on Monday, October 16th. Credit Suisse Group restated an “outperform” rating and set a GBX 1,583 ($22.23) price objective on shares of easyJet in a research note on Thursday, September 14th. Liberum Capital restated a “sell” rating and set a GBX 1,100 ($15.45) price objective on shares of easyJet in a research note on Monday, November 6th. Finally, reduced their price objective on easyJet from to and set a “buy” rating on the stock in a research note on Thursday, October 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,533.42 ($21.53).

easyJet (LON EZJ) traded down GBX 11 ($0.15) during midday trading on Friday, hitting GBX 1,678 ($23.56). 2,080,000 shares of the stock were exchanged, compared to its average volume of 2,190,000. easyJet has a one year low of GBX 906.39 ($12.73) and a one year high of GBX 1,695.67 ($23.81). The firm has a market cap of $6,670.00 and a P/E ratio of 2,237.33.

In other easyJet news, insider Johan Lundgren acquired 20,000 shares of easyJet stock in a transaction on Wednesday, December 6th. The shares were bought at an average price of GBX 1,442 ($20.25) per share, with a total value of £288,400 ($404,999.30). Also, insider Andrew Findlay acquired 115 shares of easyJet stock in a transaction on Thursday, November 30th. The stock was acquired at an average cost of GBX 1,407 ($19.76) per share, for a total transaction of £1,618.05 ($2,272.22). Over the last 90 days, insiders have bought 20,371 shares of company stock worth $29,353,602.

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About easyJet

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet (LON:EZJ)

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