Credit Suisse Group Reiterates GBX 2,059 Price Target for easyJet (LON:EZJ)

Credit Suisse Group set a GBX 2,059 ($26.65) price objective on easyJet (LON:EZJ) in a research report report published on Wednesday, July 18th. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the stock. HSBC restated a buy rating and issued a GBX 2,000 ($25.89) target price on shares of easyJet in a research report on Monday, July 2nd. Liberum Capital reissued a hold rating on shares of easyJet in a research note on Thursday, July 5th. Numis Securities restated a hold rating and set a GBX 1,508 ($19.52) price target on shares of easyJet in a report on Tuesday, May 15th. Sanford C. Bernstein set a GBX 1,550 ($20.06) price target on shares of easyJet and gave the company a neutral rating in a report on Thursday, July 12th. Finally, UBS Group set a GBX 1,900 ($24.60) price target on shares of easyJet and gave the company a neutral rating in a report on Thursday, July 12th. Fifteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 1,788 ($23.15).

Shares of easyJet traded down GBX 19 ($0.25), hitting GBX 1,550.50 ($20.07), during midday trading on Wednesday, MarketBeat.com reports. 1,806,899 shares of the company’s stock traded hands, compared to its average volume of 2,170,000. easyJet has a twelve month low of GBX 977.38 ($12.65) and a twelve month high of GBX 1,698.69 ($21.99).

In related news, insider Chris Brocklesby sold 2,330 shares of the business’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of GBX 1,803 ($23.34), for a total transaction of £42,009.90 ($54,381.75).

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

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