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Home / Momentum / easyJet (EZJ.L) 04-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

easyJet (EZJ.L) 04-11-19

Will easyJet (EZJ.L) continue this relentless rise, setting new highs?

 

  • Currently trading at 1290p (at time of writing), performance has been exceptional of late.
  • Will it hit resistance, or is the trend your friend?
  • Is this one for momentum traders?
  • The price has been moving upwards, however, past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of breaking news and events. This can influence price trends. Check our website and news outlets for updates.
  • Shares -4% from 12-month highs; +50% from 12 month lows.

Latest News

30 Oct:  Bernstein reiterates its market perform rating on easyJet (EZJ) and increased the target price to 1330p (from 1000p).

18 Oct:  HSBC reiterates its buy rating on easyJet (EZJ) and increased the target price to 1450p (from 1300p).

15 Oct:  Deutsche Bank reiterates its hold rating on easyJet (EZJ) and increased the target price to 1150p (from 1100p).

09 Oct:  UBS reiterates its neutral rating on easyJet (EZJ) and increased the target price to 1100p (from 1080p).

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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