UBS Reaffirms Their Buy Rating on EasyJet (EJTTF)
UBS analyst Jarrod Castle maintained a Buy rating on EasyJet (EJTTF) on January 11 and set a price target of £11.25. The company’s shares closed last Wednesday at $10.64.
Castle has an average return of 11.7% when recommending EasyJet.
According to TipRanks.com, Castle is ranked #5893 out of 7227 analysts.
Currently, the analyst consensus on EasyJet is a Moderate Buy with an average price target of $12.09, representing a 15.6% upside. In a report issued on January 11, Credit Suisse also maintained a Buy rating on the stock with a £8.40 price target.
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The company has a one-year high of $19.80 and a one-year low of $5.30. Currently, EasyJet has an average volume of 1,859.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EJTTF in relation to earlier this year.
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easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.