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Macquarie announced easyJet PLC (LON:EZJ), upholding its stock price target at 1,275.00GBX today

In a report released on 9/30/2016 Macquarie hold steady the stock price target of easyJet PLC (LON:EZJ) from 1,275.00GBX to 1,275.00GBX reporting a possible upside of 0.27%.

Previously on 9/22/2016, Credit Suisse released a statement about easyJet PLC (LON:EZJ) reduced the target price from 1,130.00GBX to 1,109.00GBX. At the time, this indicated a possible upside of 0.07%.

Just yesterday easyJet PLC (LON:EZJ) traded -0.98% lower at 1,005.50GBX. easyJet PLC’s 50-day moving average is 1,090.81GBX and its 200-day moving average is 1,288.71GBX. The last stock price is down -21.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 510,146 shares of EZJ traded hands, down from an average trading volume of 2,829,440

Recent Performance Chart

easyJet PLC (LON:EZJ)

easyJet PLC has 52 week low of 973.00GBX and a 52 week high of 1,820.00GBX with a PE ratio of 7.65 and has a market capitalization of 0 GBX.

In addition to Macquarie reporting its stock price target, a total of 23 brokerages have issued a ratings update on the company. The average stock price target is 1,477.22GBX with 7 brokerages rating the stock a strong buy, 9 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On easyJet PLC (LON:EZJ)

easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft. The Company flies to approximately 140 airports in over 30 different countries. The Company is operating approximately 730 routes. The Company operates flights to places, such as Stuttgart, Pula and Preveza. The Company carries approximately 70 million passengers per year. The Company has operations in markets, such as London Gatwick, London Luton, London Southend, Bristol, Edinburgh, Milan Malpensa, Naples, Venice, Nice, Basel, Geneva, London Stansted, Paris Orly, Paris Charles De Gaulle, Lisbon, Lyon, and Rome Fiumicino. It also has presence in the United Kingdom, Southern Europe and Northern Europe. The Company's focus is primarily on Western and Northern Europe.

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