JPMorgan upgrades EasyJet to Neutral, PT $5.30

JPMorgan upgrades EasyJet to Neutral, PT $5.30
Credit: © Reuters.

A JPMorgan analyst upgraded EasyJet (LON: EZJ) from Underweight to Neutral with a price target of $5.30 from a prior price target of GBP3.70.

Prior to this rating, EasyJet had 9 buy ratings, 4 hold ratings, and 5 sell ratings.

For consensus analyst estimates and price targets on EasyJet, click here. For more news on EasyJet, click here.

EasyJet's stock price closed at $488.50. They are down -0.75% in the last month and down -10.62% in the last 12 months.

According to Investing Pro, EasyJet's fair value is $6.61, a downside of -35.37%. EasyJet's fair value comes with a high degree of uncertainty, according to InvestingPro.

Check out EasyJet's recent earnings performance and financials here.

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