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EasyJet (EJTTF) Receives a Hold from Deutsche Bank

In a report released today, Jaime Rowbotham from Deutsche Bank reiterated a Hold rating on EasyJet (EJTTFResearch Report). The company’s shares closed last Friday at $8.69.

According to TipRanks.com, Rowbotham is ranked #5515 out of 7780 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EasyJet with a $9.47 average price target, an 8.5% upside from current levels. In a report issued on January 27, J.P. Morgan also maintained a Hold rating on the stock with a £6.20 price target.

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The company has a one-year high of $14.60 and a one-year low of $6.50. Currently, EasyJet has an average volume of 472.

Based on the recent corporate insider activity of 18 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.

Read More on EJTTF:

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