UBS Group Reiterates Neutral Rating for easyJet (LON:EZJ)

UBS Group reaffirmed their neutral rating on shares of easyJet (LON:EZJ) in a research report released on Monday morning, Price Targets.com reports. They currently have a GBX 1,125 ($14.70) target price on the stock.

Several other analysts have also recently commented on the stock. The Goldman Sachs Group set a GBX 840 ($10.97) target price on shares of easyJet and gave the stock a neutral rating in a research note on Wednesday, April 14th. Deutsche Bank Aktiengesellschaft set a GBX 1,150 ($15.02) target price on shares of easyJet and gave the stock a buy rating in a research note on Friday, May 21st. Liberum Capital reaffirmed a hold rating and issued a GBX 1,000 ($13.07) target price on shares of easyJet in a research note on Wednesday, April 14th. Barclays reaffirmed an equal weight rating and issued a GBX 940 ($12.28) target price on shares of easyJet in a research note on Friday, May 21st. Finally, Berenberg Bank set a GBX 1,000 ($13.07) target price on shares of easyJet and gave the stock a neutral rating in a research note on Friday, May 28th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 941.12 ($12.30).

Shares of easyJet stock opened at GBX 947.20 ($12.38) on Monday. The company has a debt-to-equity ratio of 274.97, a current ratio of 1.12 and a quick ratio of 1.06. easyJet has a 1 year low of GBX 457.80 ($5.98) and a 1 year high of GBX 1,095 ($14.31). The firm has a market cap of £4.33 billion and a P/E ratio of -3.17. The stock’s 50 day moving average is GBX 2,973.28.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. It also engages in the trading and leasing of aircrafts, as well as in tour operations; develops building projects; and provides financing services. As of September 30, 2020, the company operated 981 routes and a fleet of 342 aircrafts.

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Analyst Recommendations for easyJet (LON:EZJ)

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