JPMorgan Chase & Co. upgraded shares of EasyJet PLC (NASDAQ:ESYJY) to an overweight rating in a research note issued to investors on Thursday, Analyst Ratings Network reports.
JPMorgan Chase & Co. has also updated their ratings on a number of other stocks in the last week. The firm initiated coverage on shares of Eldorado Gold Co.. They issued an overweight rating on that stock. Also, JPMorgan Chase & Co. upgraded shares of Diageo PLC from a neutral rating to an overweight rating. Finally, JPMorgan Chase & Co. downgraded shares of SAP Aktiengesellschaft from an overweight rating to a neutral rating.
A number of other firms have also recently commented on ESYJY. Analysts at Jefferies Group initiated coverage on shares of EasyJet PLC in a research note to investors on Wednesday, July 17th. They set a hold rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a hold rating on shares of EasyJet PLC in a research note to investors on Tuesday, June 18th. Finally, analysts at HSBC reiterated an overweight rating on shares of EasyJet PLC in a research note to investors on Wednesday, May 8th.
Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Buy.
EasyJet PLC (NASDAQ: ESYJY) traded up 1.51% on Thursday, hitting $84.76. EasyJet PLC has a 52-week low of $33.15 and a 52-week high of $83.50. The stock’s 50-day moving average is currently $76.11. The company has a market cap of $8.328 billion and a price-to-earnings ratio of 17.31.