easyJet (EZJ.L) 12-03-20
Will the easyJet (EZJ.L) share price break beneath the 880p support zone, or will we see a return to highs of 1510p (+73%)?
- Currently trading close to the key 880p support at 870.65p (at time of writing).
- The support has proven reliable until now. Will the price rebound again?
- As always, traders should be mindful of stop-loss placement.
- Will the shares bounce again to recent highs at 1510p? (+73%).
- Shares -43% from 12-month highs; +1% from 12 month lows.
Latest News
11 Mar: UBS has upgraded its rating on easyJet (EZJ) to buy (from sell) and increased the target price to 1300p (from 1275p).
10 Mar: Bernstein has upgraded its rating on easyJet (EZJ) to outperform (from market perform) and reduced the target price to 1300p (from 1450p).
10 Mar: Bank of America Merrill Lynch has upgraded its rating on easyJet (EZJ) to buy (from neutral).
09 Mar: Credit Suisse reiterates its outperform rating on easyJet (EZJ) and reduced the target price to 1555p (from 1616p).
04 Mar: Goldman Sachs reiterates its sell rating on easyJet (EZJ) and reduced the target price to 1020p (from 1360p).
03 Mar: HSBC reiterates its buy rating on easyJet (EZJ) and reduced the target price to 1500p (from 1800p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires