easyJet (OTCMKTS:EJTTF) Rating Increased to Hold at Zacks Investment Research

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easyJet (OTCMKTS:EJTTF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “EasyJet plc is an airline company. It operates primarily in the United Kingdom and Europe. EasyJet plc is based in Luton, the United Kingdom. “

A number of other research analysts have also issued reports on EJTTF. The Goldman Sachs Group reiterated a “hold” rating on shares of easyJet in a research note on Sunday, January 31st. Berenberg Bank restated a “hold” rating on shares of easyJet in a report on Thursday, January 28th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of easyJet in a research note on Monday. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. easyJet has a consensus rating of “Hold”.

Shares of easyJet stock opened at $13.86 on Tuesday. easyJet has a 12-month low of $5.50 and a 12-month high of $14.60. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.92. The stock has a 50 day moving average price of $13.37 and a two-hundred day moving average price of $10.40. The stock has a market capitalization of $5.50 billion, a P/E ratio of -6.11 and a beta of 1.94.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. It also engages in the trading and leasing of aircrafts, as well as in tour operations; develops building projects; and provides financing services. As of September 30, 2020, the company operated 981 routes and a fleet of 342 aircrafts.

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Analyst Recommendations for easyJet (OTCMKTS:EJTTF)

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