Bernstein Keeps Their Buy Rating on EasyJet (EJTTF)

Bernstein analyst Alex Irving maintained a Buy rating on EasyJet (EJTTFResearch Report) today and set a price target of £7.00. The company’s shares closed yesterday at $4.71.

According to TipRanks, Irving is ranked #6638 out of 8053 analysts.

In addition to Bernstein, EasyJet also received a Buy from Goldman Sachs’s Patrick Creuset in a report issued yesterday. However, on the same day, J.P. Morgan maintained a Sell rating on EasyJet (Other OTC: EJTTF).

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Based on EasyJet’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EJTTF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.

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