Jet2 (LON:JET2) Given “Buy” Rating at Jefferies Financial Group

Jet2 (LON:JET2)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued on Friday, Marketbeat Ratings reports. They presently have a GBX 1,800 ($23.06) price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 26.58% from the stock’s previous close.

JET2 has been the topic of several other reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,900 ($24.34) price objective on shares of Jet2 in a report on Thursday. Royal Bank of Canada reissued an “outperform” rating and set a GBX 1,950 ($24.98) price target on shares of Jet2 in a research report on Friday, April 12th.

Jet2 Stock Performance

Shares of LON:JET2 opened at GBX 1,422 ($18.21) on Friday. The firm’s 50 day simple moving average is GBX 1,324.61 and its 200-day simple moving average is GBX 1,355.08. 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 has a one year low of GBX 960 ($12.30) and a one year high of GBX 1,568 ($20.08). The firm has a market cap of £3.05 billion, a PE ratio of 781.32, a price-to-earnings-growth ratio of 9.34 and a beta of 2.23.

About Jet2

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.