Kenton Jarvis Purchases 42 Shares of easyJet (LON:EZJ) Stock

Key Points

  • easyJet insider Kenton Jarvis bought 42 shares on May 11 at GBX 363 each, totaling £152.46, adding to earlier purchases in April and March.
  • The stock was trading around GBX 360.60, with a market cap of £2.70 billion, a P/E ratio of 5.57, and shares below both their 50-day and 200-day moving averages.
  • Analyst sentiment is mixed: the stock has a consensus Hold rating, with price targets ranging from GBX 340 to GBX 800 and an average target of GBX 575.

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 42 shares of the company's stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of GBX 363 per share, with a total value of £152.46.

Kenton Jarvis also recently made the following trade(s):

  • On Friday, April 10th, Kenton Jarvis bought 38 shares of easyJet stock. The shares were bought at an average price of GBX 389 per share, for a total transaction of £147.82.
  • On Tuesday, March 10th, Kenton Jarvis bought 37 shares of easyJet stock. The shares were bought at an average price of GBX 406 per share, with a total value of £150.22.

easyJet Price Performance

easyJet stock opened at GBX 360.60 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.09 and a debt-to-equity ratio of 83.65. The firm has a market capitalization of £2.70 billion, a P/E ratio of 5.57, a PEG ratio of 0.59 and a beta of 1.71. The business has a 50-day moving average of GBX 373.64 and a 200-day moving average of GBX 447.10. easyJet plc has a 1 year low of GBX 337.10 and a 1 year high of GBX 590.60.

Analysts Set New Price Targets

EZJ has been the subject of a number of analyst reports. UBS Group restated a "buy" rating and set a GBX 800 price objective on shares of easyJet in a report on Friday, January 16th. JPMorgan Chase & Co. reduced their price target on shares of easyJet from GBX 400 to GBX 350 and set an "underweight" rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of easyJet from GBX 465 to GBX 340 and set a "sell" rating for the company in a report on Thursday, March 19th. Royal Bank Of Canada lowered their price objective on shares of easyJet from GBX 440 to GBX 415 and set an "outperform" rating for the company in a research report on Friday, April 17th. Finally, Citigroup dropped their price objective on easyJet from GBX 500 to GBX 490 and set a "neutral" rating on the stock in a research note on Monday, February 2nd. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of GBX 575.




View Our Latest Analysis on EZJ

About easyJet

(Get Free Report)

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.

Further Reading

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