JPMorgan Chase & Co. Increases easyJet (OTCMKTS:ESYJY) Price Target to GBX 625

easyJet (OTCMKTS:ESYJYGet Rating) had its price target raised by equities research analysts at JPMorgan Chase & Co. from GBX 600 ($7.55) to GBX 625 ($7.86) in a research report issued to clients and investors on Thursday, The Fly reports.

A number of other equities analysts have also weighed in on ESYJY. Barclays decreased their target price on easyJet from GBX 705 ($8.87) to GBX 700 ($8.81) in a research report on Friday, April 22nd. Citigroup upped their price target on shares of easyJet from GBX 425 ($5.35) to GBX 450 ($5.66) in a research report on Wednesday, April 20th. Morgan Stanley reduced their target price on shares of easyJet from GBX 900 ($11.33) to GBX 800 ($10.07) in a report on Tuesday, March 29th. Finally, Stifel Nicolaus upgraded easyJet from a “hold” rating to a “buy” rating in a research note on Wednesday, January 26th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, easyJet currently has a consensus rating of “Hold” and a consensus target price of $695.00.

easyJet stock traded up $0.18 during mid-day trading on Thursday, reaching $6.44. The stock had a trading volume of 18,948 shares, compared to its average volume of 22,875. easyJet has a one year low of $5.73 and a one year high of $14.58. The company has a 50-day moving average price of $6.91 and a two-hundred day moving average price of $7.58.

easyJet Company Profile (Get Rating)

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 and its ‘easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator.

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