Deutsche Bank Remains a Hold on EasyJet (EJTTF)

Deutsche Bank analyst Jaime Rowbotham reiterated a Hold rating on EasyJet (EJTTFResearch Report) today and set a price target of p415.00. The company’s shares closed yesterday at $4.71.

According to TipRanks, Rowbotham is a 2-star analyst with an average return of 0.5% and a 45.74% success rate.

EasyJet has an analyst consensus of Hold, with a price target consensus of $5.60, implying a 18.90% upside from current levels. In a report released on November 23, HSBC also maintained a Hold rating on the stock with a £3.80 price target.

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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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