easyJet plc (LON:EZJ) Insider Kenton Jarvis Acquires 30 Shares of Stock

easyJet plc (LON:EZJ – Get Rating) insider Kenton Jarvis acquired 30 shares of the company’s stock in a transaction on Friday, March 10th. The shares were acquired at an average cost of GBX 503 ($6.13) per share, for a total transaction of £150.90 ($183.91).

Kenton Jarvis also recently made the following trade(s):

• On Friday, February 10th, Kenton Jarvis purchased 31 shares of easyJet stock. The shares were acquired at an average price of GBX 472 ($5.75) per share, for a total transaction of £146.32 ($178.33).
• On Tuesday, January 10th, Kenton Jarvis acquired 39 shares of easyJet stock. The shares were bought at an average cost of GBX 390 ($4.75) per share, with a total value of £152.10 ($185.37).

easyJet Stock Performance

LON:EZJ opened at GBX 483.40 ($5.89) on Tuesday. The company has a market cap of £3.66 billion, a price-to-earnings ratio of -2,206.36, a PEG ratio of 2.31 and a beta of 2.51. The firm’s 50-day moving average is GBX 464.45 and its 200-day moving average is GBX 389.93. easyJet plc has a 52-week low of GBX 276.87 ($3.37) and a 52-week high of GBX 604.24 ($7.36). The company has a debt-to-equity ratio of 170.15, a quick ratio of 1.09 and a current ratio of 1.34.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EZJ. Sanford C. Bernstein set a GBX 500 ($6.09) price target on easyJet in a report on Wednesday, January 25th. Barclays set a GBX 510 ($6.22) price objective on easyJet in a report on Tuesday, February 21st. Liberum Capital upped their price objective on easyJet from GBX 430 ($5.24) to GBX 560 ($6.83) and gave the stock a “buy” rating in a research note on Tuesday, January 24th. Deutsche Bank Aktiengesellschaft raised easyJet to a “buy” rating and upped their target price for the company from GBX 410 ($5.00) to GBX 580 ($7.07) in a research report on Tuesday, February 14th. Finally, JPMorgan Chase & Co. raised their target price on easyJet from GBX 310 ($3.78) to GBX 370 ($4.51) and gave the stock an “underweight” rating in a report on Thursday, February 2nd. Two analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 571.17 ($6.96).

easyJet Company Profile

(Get Rating)

easyJet plc operates as a low-cost airline carrier in Europe. It also engages in the sale of holiday packages; aircraft trading and leasing; development of building projects; financing and insurance business; and tour operator activities. As of September 30, 2022, it operated 320 aircrafts, 988 routes, and 153 airports.