EasyJet (EJTTF) Receives a Hold from Goldman Sachs

In a report issued on January 12, Venetia Baden-Powell from Goldman Sachs maintained a Hold rating on EasyJet (EJTTFResearch Report), with a price target of £8.40. The company’s shares closed last Wednesday at $10.64.

According to TipRanks.com, Baden-Powell is ranked #5485 out of 7227 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EasyJet with a $12.09 average price target, representing a 15.6% upside. In a report issued on January 4, J.P. Morgan also maintained a Hold rating on the stock with a £8.75 price target.

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The company has a one-year high of $19.80 and a one-year low of $5.30. Currently, EasyJet has an average volume of 1,859.

Based on the recent corporate insider activity of 10 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.

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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.