easyJet (LON:EZJ) Price Target Lowered to GBX 640 at JPMorgan Chase & Co.

easyJet (LON:EZJ) had its price objective cut by JPMorgan Chase & Co. from GBX 670 ($8.47) to GBX 640 ($8.10) in a research report sent to investors on Wednesday morning, MarketBeat.com reports. They currently have an overweight rating on the stock.

easyJet Trading Down 0.1 %

EZJ opened at GBX 462.45 ($5.85) on Wednesday. The stock has a market capitalization of £3.48 billion, a PE ratio of 944.69, a P/E/G ratio of 2.31 and a beta of 2.57. The firm’s fifty day moving average price is GBX 483.08 and its 200 day moving average price is GBX 518.12. The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09. easyJet has a 12-month low of GBX 350 ($4.43) and a 12-month high of GBX 591.07 ($7.48).

About easyJet

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.