Jet2 (LON:JET2) Rating Reiterated by Canaccord Genuity Group

Jet2 (LON:JET2)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity Group in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 1,900 ($24.34) price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 33.61% from the company’s current price.

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 1,950 ($24.98) price target on shares of Jet2 in a research note on Friday, April 12th.

Jet2 Stock Up 5.3 %

JET2 stock opened at GBX 1,422 ($18.21) on Thursday. The company has a market capitalization of £3.05 billion, a price-to-earnings ratio of 781.32, a price-to-earnings-growth ratio of 9.34 and a beta of 2.23. The business’s 50 day moving average price is GBX 1,324.61 and its two-hundred day moving average price is GBX 1,354.72. Jet2 has a fifty-two week low of GBX 960 ($12.30) and a fifty-two week high of GBX 1,568 ($20.08). The company has a debt-to-equity ratio of 87.09, a quick ratio of 1.49 and a current ratio of 1.62.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.