EasyJet PLC Downgraded to Underperform at Davy Research (ESYJY)

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EasyJet PLC (NASDAQ:ESYJY) was downgraded by stock analysts at Davy Research from a “neutral” rating to an “underperform” rating in a report issued on Wednesday, ARN reports.

EasyJet PLC (NASDAQ:ESYJY) opened at 113.651 on Wednesday. EasyJet PLC has a one year low of $51.08 and a one year high of $113.65. The stock has a 50-day moving average of $99.55 and a 200-day moving average of $86.84. The company has a market cap of $11.168 billion and a price-to-earnings ratio of 17.68.

Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of EasyJet PLC from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday. Separately, analysts at Liberum Capital downgraded shares of EasyJet PLC from a “buy” rating to a “hold” rating in a research note to investors on Friday, January 10th. Finally, analysts at Jefferies Group upgraded shares of EasyJet PLC from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy”.

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