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Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

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Share Price: 527.60
Bid: 527.00
Ask: 527.60
Change: 2.60 (0.50%)
Spread: 0.60 (0.114%)
Open: 527.00
High: 529.60
Low: 524.60
Prev. Close: 525.00
EZJ Live PriceLast checked at -

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Barclays downgrades easyJet, tags RyanAir as 'top pick'

Tue, 12th Jan 2016 14:20

(ShareCast News) - Airlines might be set to trounce analysts' earnings forecasts courtesy of the oil price at 12-year lows, although there were some risks in the marketplace, Barclays told clients on Tuesday.The market could be expected to take a "cautious" view on the 'temporary' boost to profits from low crude prices. As well, a further de-rating across the sector was likely as capacity inevitably crept higher, Barclays European Transportation team said.Nevertheless, the boon for those companies was so large that it was physically impossible for the industry to add sufficient capacity to "compete away" the fuel savings that would result over a two to three year horizon."With a robust economy, demand appears relatively stable (barring further geopolitical incidents, probably the greatest short-term risk to the sector), Barclays analysts Oliver Sleuth, MarkMcVicar and Rishika Savjani said in a research note sent to clients.In turn, they estimated that would translate into up to 50% upside to estimates for profits from the analyst consensus.Against that fundamental backdrop, their preferred carrier was RyanAir - which it tagged as their 'top pick' and IAG.Easyjet on the other hand was taken down a notch to 'equalweight' while Air-France-KLM was bumped up to 'equalweight'.Their analysis was premised on oil at $50 per barrel in both 2016 and 2017, equating to a 10-15% fall in the operating expenditures of the typical European airlines versus 2014.Barclays lowered its target price on shares of Easyjet from 1,940p to 1,870p.IAG and WizzAir were kept at 'overweight' with an unchanged target of 750p for the former, while the target on the stock of the latter was hiked from 1,950p to 2,100p.
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18 Jul 2023 14:58

Some workers suspend strikes at London's Gatwick, other strikes still on -union

LONDON, July 18 (Reuters) - Strikes planned by baggage handlers working with easyJet at London's Gatwick airport have been suspended after an improved pay offer, a union representing them said on Tuesday, warning that other walkouts will still go ahead.

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17 Jul 2023 09:20

LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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16 Jul 2023 11:44

Sunday newspaper round-up: Tesco, Green Agenda, EasyJet

(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

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14 Jul 2023 14:37

Strikes at Britain's Gatwick Airport could hit summer holidays

950 workers to strike in pay dispute

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13 Jul 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 14 July 
Ashmore Group PLCTrading Statement
Burberry Group PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
McBride PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Monday 17 July 
Brickability Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Northern Bear PLCFull Year Results
Tuesday 18 July 
Arbuthnot Banking Group PLCHalf Year Results
Artisanal Spirits Co PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Ocado Group PLCHalf Year Results
Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
Wise PLCTrading Statement
Wednesday 19 July 
Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Hargreaves Lansdown PLCTrading Statement
Severn Trent PLCTrading Statement
Redcentric PLCFull Year Results
Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
  
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13 Jul 2023 13:19

UK minister to meet easyJet CEO after warning of flight cancellations

(Alliance News) - The UK aviation minister is "meeting with the CEO of easyJet [PLC] later today" the Transport Secretary has said, amid the company's announcement over summer flight cancellations.

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12 Jul 2023 09:27

LONDON BROKER RATINGS: UBS raises AstraZeneca; RBC cuts Bunzl

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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11 Jul 2023 21:37

Ryanair quits industry group advising on UK aviation strategy

DUBLIN, July 11 (Reuters) - Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a "talking shop" which has delivered no benefits or reforms for passengers.

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11 Jul 2023 18:36

Ryanair quits industry group advising on UK aviation strategy

DUBLIN, July 11 (Reuters) - Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a "talking shop" which has delivered no benefits or reforms for passengers.

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10 Jul 2023 13:20

easyJet cancels 1,700 flights due to air traffic control restrictions

(Alliance News) - More than 100,000 holidaymakers have been hit by easyJet PLC summer flight cancellations.

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10 Jul 2023 11:13

EasyJet cancels 1,700 flights over the summer season

(Sharecast News) - Low-cost airline easyJet announced the cancellation of 1,700 flights over the summer period on Monday.

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6 Jul 2023 13:29

Spain's election brings clouds over fiscal consolidation

German industrial orders rose more than expected

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6 Jul 2023 12:05

European companies might turn to India more: GS

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

EUROPEAN COMPANIES MIGHT TURN TO INDIA MORE: GS (1105 GMT)

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6 Jul 2023 11:39

UK bank provisions "likely contained" in face of mortgage delinquencies - JPM

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

UK BANK PROVISIONS "LIKELY CONTAINED" IN FACE OF MORTGAGE DELINQUENCIES - JPM (1009 GMT)

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6 Jul 2023 09:28

Sectors flash red as STOXX stays risk-off

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

SECTORS FLASH RED AS STOXX STAYS RISK-OFF (0820 GMT)

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