Sanford C. Bernstein Analysts Give easyJet (LON:EZJ) a GBX 800 Price Target

Sanford C. Bernstein set a GBX 800 ($9.80) price objective on easyJet (LON:EZJGet Rating) in a research report released on Monday, Borsen Zeitung reports.

Several other brokerages have also weighed in on EZJ. Barclays restated an equal weight rating and issued a GBX 700 ($8.57) price objective on shares of easyJet in a report on Monday, May 23rd. UBS Group set a GBX 855 ($10.47) target price on shares of easyJet in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a GBX 570 ($6.98) target price on shares of easyJet in a report on Friday, May 20th. Morgan Stanley set a GBX 800 ($9.80) target price on shares of easyJet in a report on Monday, June 6th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 800 ($9.80) target price on shares of easyJet in a report on Wednesday, April 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, easyJet currently has a consensus rating of Moderate Buy and a consensus price target of GBX 700.93 ($8.59).

Shares of LON EZJ opened at GBX 398.40 ($4.88) on Monday. The company’s 50 day simple moving average is GBX 504.35 and its 200 day simple moving average is GBX 552.50. easyJet has a fifty-two week low of GBX 398.40 ($4.88) and a fifty-two week high of GBX 995 ($12.19). The firm has a market capitalization of £3.02 billion and a P/E ratio of -3.71. The company has a debt-to-equity ratio of 169.63, a current ratio of 1.22 and a quick ratio of 0.96.

About easyJet (Get Rating)

easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its ‘easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator.

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