Analysts at Goldman Sachs Reconfirmed their Conviction Buy rating for easyJet PLC (LON:EZJ)

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Goldman Sachs Analyst Rating Change easyJet PLC LON:EZJ

easyJet PLC (LON:EZJ) Rating Reiterated

Goldman Sachs reiterated their Conviction Buy rating on easyJet PLC (LON:EZJ)’s stock in analysts note released on Monday, 28 September.

LON:EZJ is at the moment trading 2.31% higher at GBX 1796.54 as of 06:59 London time. easyJet PLC’s stock is up 11.51% over the past 200 days. It has outperformed the S&P500, which has decreased -6.24% over the same time.

According to data compiled by Thomson Reuters, easyJet PLC (LON:EZJ)’s stock is covered by 26 equity analysts across the Street, with 3 analysts giving it a Sell rating, 19 a Buy rating, while 5 consider it a Hold. The 12-month consensus target price for the stock is GBX 1954, which reflects an upside potential of 8.76% over the current price.

LON:EZJ Price Chart & Trend

The stock price of easyJet PLC surged 11.51% over the last 200 days, and is in strong up trend. In the last 50 and 100 days, easyJet PLC is up 5.77% and down 3.44%, respectively. Our stocks momentum model is shown on the price chart below.Analysts at Goldman Sachs Reconfirmed their Conviction Buy rating for easyJet PLC (LON:EZJ)

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

EZJ Stock Chart

easyJet PLC (LON:EZJ) Profile

easyJet plc is a United Kingdom-based airline carrier with its operation primarily in Europe. The Company operates approximately 600 routes across 30 countries. The Company has a fleet of approximately 200 Airbus aircraft.

easyJet PLC (LON:EZJ) traded up 2.31% on 28 September, hitting GBX 1796.54. A total of 1.13M shares of the company’s stock traded hands. This is down from average of 1.41M shares. easyJet PLC has a 52 week low of GBX 1285.00 and a 52 week high of GBX 1929.00. The company has a market cap of 7.16B GBP and a P/E ratio of 14.59.

Get the latest easyJet PLC (LON:EZJ) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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