Goldman Sachs Reaffirms Their Buy Rating on EasyJet (EJTTF)

By Jason Carr

In a report issued on July 20, Patrick Creuset from Goldman Sachs maintained a Buy rating on EasyJet (EJTTFResearch Report), with a price target of £11.50. The company’s shares closed last Monday at $12.10.

According to TipRanks.com, Creuset is ranked #3709 out of 7616 analysts.

Currently, the analyst consensus on EasyJet is a Moderate Buy with an average price target of $14.22, a 21.5% upside from current levels. In a report issued on July 12, Morgan Stanley also upgraded the stock to Buy with a £11.00 price target.

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The company has a one-year high of $14.60 and a one-year low of $6.00. Currently, EasyJet has an average volume of 282.

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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.