What is the price target for easyJet?
What is the price target for easyJet? EasyJet has a conensus rating of Hold which is based on 3 buy ratings, 5 hold ratings and 1 sell ratings. The average price target for EasyJet is $7.02. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $9.14 ,the lowest forecast is $5.48.
Is EasyJet better than Ryanair?
EasyJet flights offer more legroom and more comfortable seats, creating an ambiance that doesn't feel like your typical budget airline. Unlike Ryanair, where comfort may be compromised to match the lower fares, EasyJet ensures that passengers have a more pleasant journey.
What is the future for easyJet?
easyJet has placed a substantial order for 157 firm and 100 optioned Airbus jets, which will significantly expand its fleet and support its growth plans beyond 2028. The airline's preference for the larger A321neo model reflects easyJet's focus on lower fuel burn, CO2 emissions, and operating costs per seat.
Is EasyJet financially stable?
easyJet continues to have one of the strongest, investment grade, balance sheets in European aviation. As at 30 September 2023 our net cash position was c.£40 million (30 September 2022: £670 million net debt). During the 2023 financial year, c.£1.2bn of gross debt has been repaid.