easyJet plc (LON:EZJ) Insider Kenton Jarvis Purchases 31 Shares

easyJet plc (LON:EZJ – Get Rating) insider Kenton Jarvis acquired 31 shares of the stock in a transaction dated Monday, June 12th. The shares were bought at an average cost of GBX 495 ($6.19) per share, for a total transaction of £153.45 ($192.00).

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

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• On Wednesday, May 10th, Kenton Jarvis purchased 30 shares of easyJet stock. The stock was acquired at an average cost of GBX 492 ($6.16) per share, for a total transaction of £147.60 ($184.68).
• On Tuesday, April 11th, Kenton Jarvis purchased 30 shares of easyJet stock. The stock was acquired at an average cost of GBX 505 ($6.32) per share, for a total transaction of £151.50 ($189.56).

easyJet Stock Performance

The company has a market cap of £3.78 billion, a P/E ratio of -8,288.33, a P/E/G ratio of 2.31 and a beta of 2.50. The company has a current ratio of 0.95, a quick ratio of 1.09 and a debt-to-equity ratio of 189.59. The firm’s fifty day moving average is GBX 494.84 and its 200 day moving average is GBX 459.24. easyJet plc has a 12-month low of GBX 276.87 ($3.46) and a 12-month high of GBX 582.71 ($7.29).

Wall Street Analyst Weigh In

EZJ has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised easyJet to a “neutral” rating and boosted their price target for the stock from GBX 370 ($4.63) to GBX 530 ($6.63) in a report on Thursday, April 27th. Bank of America boosted their price target on easyJet from GBX 350 ($4.38) to GBX 400 ($5.01) and gave the stock an “underperform” rating in a report on Wednesday, April 12th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 690 ($8.63) price objective on shares of easyJet in a research note on Monday, May 22nd. Barclays reaffirmed an “overweight” rating and issued a GBX 580 ($7.26) price objective on shares of easyJet in a research note on Friday, May 19th. Finally, UBS Group set a GBX 600 ($7.51) price objective on easyJet in a research note on Monday, April 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 573.50 ($7.18).

About easyJet

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easyJet plc operates as a low-cost airline carrier in Europe. It also engages in the sale of holiday packages; aircraft trading and leasing; development of building projects; financing and insurance business; and tour operator activities. As of September 30, 2022, it operated 320 aircrafts, 988 routes, and 153 airports.

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