Jet2 (LON:JET2 - Get Free Report)'s stock had its "outperform" rating reissued by equities research analysts at Royal Bank of Canada in a research report issued on Thursday, MarketBeat reports. They presently have a GBX 2,100 ($26.53) target price on the stock. Royal Bank of Canada's price objective would indicate a potential upside of 52.06% from the company's current price.
A number of other analysts also recently weighed in on the company. Canaccord Genuity Group boosted their target price on Jet2 from GBX 1,900 ($24.01) to GBX 2,050 ($25.90) and gave the stock a "buy" rating in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their target price on Jet2 from GBX 2,240 ($28.30) to GBX 2,385 ($30.13) and gave the stock a "buy" rating in a research report on Friday, November 22nd.
Read Our Latest Research Report on Jet2
Jet2 Price Performance
Shares of JET2 traded up GBX 39 ($0.49) during trading hours on Thursday, reaching GBX 1,381 ($17.45). 1,179,768 shares of the company's stock traded hands, compared to its average volume of 947,358. The stock has a market cap of £2.95 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27. The company has a current ratio of 1.36, a quick ratio of 1.49 and a debt-to-equity ratio of 103.30. The firm's 50 day simple moving average is GBX 1,514.56 and its 200-day simple moving average is GBX 1,475.08. Jet2 has a 12 month low of GBX 1,252 ($15.82) and a 12 month high of GBX 1,679 ($21.21).
Jet2 (LON:JET2 - Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The company reported GBX 279.30 ($3.53) earnings per share (EPS) for the quarter. Jet2 had a return on equity of 26.53% and a net margin of 6.38%. Equities analysts expect that Jet2 will post 170.9134615 EPS for the current year.
About Jet2
(
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Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays.
Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.
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