Credit Suisse Group Analysts Give easyJet (EZJ) a GBX 1565 Price Target

Cornelia Mascio
Dicembre 18, 2017

In other easyJet news, insider Andrew Findlay purchased 133 shares of the stock in a transaction on Friday, September 29th. The shares were acquired at an average price of GBX 1,213 ($16.33) per share, for a total transaction of £1,613.29 ($2,171.32). Beaufort Securities reiterated a buy rating on shares of easyJet plc in a report on Wednesday, June 7th. The shares were acquired at an average cost of GBX 1,181 ($15.90) per share, for a total transaction of £153.53 ($206.64).

easyJet (EZJ) opened at GBX 1,409.37 ($18.97) on Thursday. easyJet has a 52 week low of GBX 906.39 ($12.20) and a 52 week high of GBX 1,468.01 ($19.76).

The business also recently disclosed a dividend, which was paid on Friday, November 17th. Shareholders of record on Thursday, March 1st will be issued a dividend of GBX 40.90 ($0.55) per share. The ex-dividend date was Thursday, October 12th. This represents a yield of 3%.

EZJ has been the topic of several research reports. Liberum Capital reissued a sell rating and issued a GBX 1,100 ($14.80) price objective on shares of easyJet in a research note on Wednesday, December 6th. Finally, Credit Suisse Group cut their price target on shares of Saga from GBX 220 ($2.96) to GBX 210 ($2.83) and set a neutral rating for the company in a report on Thursday, October 5th.

J P Morgan Chase & Co restated their neutral rating on shares of Saga (LON:SAGA) in a report released on Wednesday. HSBC Holdings plc upped their price objective on easyJet plc from GBX 1,450 ($18.44) to GBX 1,550 ($19.72) and gave the stock a buy rating in a research report on Friday, June 2nd. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the stock. easyJet presently has an average rating of Hold and an average price target of GBX 1,375.84 ($18.52). Redburn Partners reiterated a buy rating and issued a GBX 1,900 ($25.57) target price on shares of easyJet in a research note on Monday, November 27th. In the last 90 days, insiders have bought 89,557 shares of company stock worth $12,279,872. If you are accessing this report on another website, it was copied illegally and reposted in violation of US and global copyright & trademark legislation. The correct version of this piece of content can be accessed at https://www.thelincolnianonline.com/2017/12/17/easyjet-ezj-lifted-to-hold-at-societe-generale-updated-updated.html. The Company operates as a low-priced European point-to-point short-haul airline. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

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