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easyJet Now Covered by Jefferies Group (EZJ)

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Stock analysts at Jefferies Group assumed coverage on shares of easyJet (LON: EZJ) in a report issued on Wednesday, AnalystRatings.Net reports. The firm set a “hold” rating and a GBX 1,420 ($21.45) price target on the stock. Jefferies Group’s price objective indicates a potential upside of 5.19% from the stock’s previous close.

Shares of easyJet (LON: EZJ) opened at 1322.00 on Wednesday. easyJet has a one year low of GBX 524.50 and a one year high of GBX 1383.00. The stock’s 50-day moving average is currently GBX 584.3. The company’s market cap is £5.195 billion.

A number of other analysts have also recently weighed in on EZJ. Analysts at Deutsche Bank reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday, July 9th. They now have a GBX 1,370 ($20.69) price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of easyJet in a research note to investors on Friday, July 5th. They now have a GBX 1,420 ($21.45) price target on the stock. Finally, analysts at HSBC raised their price target on shares of easyJet from GBX 1,400 ($21.14) to GBX 1,500 ($22.66) in a research note to investors on Thursday, July 4th. They now have an “overweight” rating on the stock.

Three analysts have rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 1,133.94 ($17.13).

easyJet plc (LON: EZJ) is an airline carrier operating in Europe.Image may be NSFW.
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