UBS Group set a GBX 600 ($7.31) price target on easyJet (LON:EZJ – Get Rating) in a research report released on Tuesday, Borsen Zeitung reports.
Other research analysts have also issued reports about the stock. Sanford C. Bernstein set a GBX 500 ($6.09) price objective on shares of easyJet in a research note on Wednesday, January 25th. Deutsche Bank Aktiengesellschaft raised shares of easyJet to a buy rating and boosted their target price for the company from GBX 410 ($5.00) to GBX 580 ($7.07) in a research note on Tuesday, February 14th. The Goldman Sachs Group set a GBX 515 ($6.28) target price on shares of easyJet in a research note on Tuesday, February 28th. Barclays set a GBX 510 ($6.22) target price on shares of easyJet in a research note on Tuesday, February 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of easyJet from GBX 310 ($3.78) to GBX 370 ($4.51) and gave the company an underweight rating in a research note on Thursday, February 2nd. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Hold and an average target price of GBX 571.17 ($6.96).
easyJet Stock Up 4.5 %
LON EZJ opened at GBX 505.20 ($6.16) on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.34 and a debt-to-equity ratio of 170.15. The company has a fifty day moving average of GBX 467.63 and a two-hundred day moving average of GBX 390.78. The firm has a market capitalization of £3.83 billion, a price-to-earnings ratio of -2,296.36, a PEG ratio of 2.31 and a beta of 2.51. easyJet has a 52 week low of GBX 276.87 ($3.37) and a 52 week high of GBX 604.24 ($7.36).
About easyJet
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.
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