Kenton Jarvis, an insider at easyJet plc (EZJ:LSE), has acquired 30 shares of the EasyJet stock on May 10th, according to recent filings. The shares were purchased at an average cost of GBX 492 ($6.21) per share, totaling £147.60 ($186.25). This marks the third time that Jarvis has made such a purchase, with previous acquisitions on April 11th and March 10th.
EasyJet Stock Price Analysis:
Shares of easyJet opened at GBX 492.80 ($6.22) on Friday, up 0.7%. The company has a market capitalization of £3.74 billion and a PE ratio of -2,240.00.
Its 50-day simple moving average is GBX 495.10 and its 200-day simple moving average is GBX 439.35. The company’s current ratio is 1.34, while its quick ratio is 1.09. Its debt-to-equity ratio is 170.15, and its beta is 2.52.
EasyJet stock has a consensus rating of “Hold ” and a consensus price target of GBX 468.21 according to data from Stock Target Advisor.
EasyJet Stock-Analyst Ratings:
Several research firms have issued opinions on EasyJet stock. The Goldman Sachs Group has set a price target of GBX 515 ($6.50) on the stock, while Sanford C.
Bernstein has set a price objective of GBX 500 ($6.31). Barclays has set a price objective of GBX 570 ($7.19), while UBS Group has set a price objective of GBX 600 ($7.57).
Deutsche Bank has upgraded easyJet to a “buy” rating, with a target price raised from GBX 410 ($5.17) to GBX 580 ($7.32).
Company Profile:
EasyJet PLC operates as a low-cost airline carrier in Europe. It also engages in the sale of holiday packages; aircraft trading and leasing; development of building projects; financing and insurance business; and tour operator activities. As of September 30, 2022, it operated 320 aircrafts, 988 routes, and 153 airports. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
