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Home / Stocks and Markets at Lows / easyJet (EZJ.L) 26-02-20

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

easyJet (EZJ.L) 26-02-20

Shares in easyJet (EZJ.L) have fallen notably from recent highs of 1552p. Will the trend prevail, or is this an opportunity for you to pick up a bargain?

 

  • Currently at 1170.85p (at time of writing). A move up to highs would represent a rise of 32%.
  • These share are amongst the biggest fallers in the period.
  • Is the move unfinished, or are we about to see a bounce?
  • The market has been known to over-react to bad news. Investors should consider whether these falls are justified, or is this an over-reaction?
  • Shares -24% from 12-month highs; +37% from 12 month lows.

Latest News

12 Feb:  Citigroup reiterates its buy rating on easyJet (EZJ) and increased the target price to 1700p (from 1650p).

05 Feb:  Societe Generale has upgraded its rating on easyJet (EZJ) to hold (from sell) and increased the target price to 1440p (from 1280p).

27 Jan:  Bernstein reiterates its market perform rating on easyJet (EZJ) and increased the target price to 1450p (from 1350p).

27 Jan:  UBS reiterates its sell rating on easyJet (EZJ) and increased the target price to 1275p (from 1240p).

24 Jan:  Commerzbank reiterates its hold rating on easyJet (EZJ) and increased the target price to 1675p (from 1600p).

24 Jan:  EasyHotel posted to a loss for the year as the low-cost hotel chain wrote down a property in Ipswich, UK.

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

 

Click to enlarge

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