Deutsche Bank Reiterates Hold Rating for easyJet (OTCMKTS:EJTTF)

easyJet (OTCMKTS:EJTTF)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research report issued to clients and investors on Thursday, AnalystRatings.com reports.

Several other brokerages have also recently weighed in on EJTTF. Zacks Investment Research cut shares of easyJet from a “hold” rating to a “sell” rating in a research report on Friday, October 11th. Credit Suisse Group reaffirmed a “buy” rating and issued a $12.06 price target on shares of easyJet in a research report on Wednesday, September 18th. JPMorgan Chase & Co. reaffirmed a “hold” rating on shares of easyJet in a research report on Monday, September 23rd. Berenberg Bank reaffirmed a “buy” rating and issued a $12.60 price target on shares of easyJet in a research report on Wednesday, September 25th. Finally, Societe Generale cut shares of easyJet to a “sell” rating in a research report on Friday, July 26th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $168.09.

Shares of EJTTF stock opened at $11.50 on Thursday. The company has a market capitalization of $5.71 billion, a P/E ratio of 7.28 and a beta of 0.83. The company’s 50-day simple moving average is $11.62 and its two-hundred day simple moving average is $12.91. easyJet has a one year low of $11.35 and a one year high of $14.39.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

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Analyst Recommendations for easyJet (OTCMKTS:EJTTF)

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