EasyJet PLC Downgraded by HSBC to “Underweight” (ESYJY)

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EasyJet PLC (NASDAQ:ESYJY) was downgraded by research analysts at HSBC from a “neutral” rating to an “underweight” rating in a report released on Monday, AnalystRatings.NET reports.

A number of other firms have also recently commented on ESYJY. Analysts at Panmure Gordon downgraded shares of EasyJet PLC from a “buy” rating to a “hold” rating in a research note to investors on Thursday. Separately, analysts at Investec downgraded shares of EasyJet PLC from a “buy” rating to a “hold” rating in a research note to investors on Thursday. Finally, analysts at Numis Securities Ltd downgraded shares of EasyJet PLC to a “buy” rating in a research note to investors on Thursday, January 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. EasyJet PLC has an average rating of “Hold”.

EasyJet PLC (NASDAQ:ESYJY) opened at 111.80 on Monday. EasyJet PLC has a 1-year low of $58.20 and a 1-year high of $115.56. The stock’s 50-day moving average is $103.7 and its 200-day moving average is $88.64. The company has a market cap of $10.986 billion and a P/E ratio of 17.39.

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