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Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
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Share Price: 463.10
Bid: 466.30
Ask: 466.70
Change: -10.00 (-2.11%)
Spread: 0.40 (0.086%)
Open: 473.10
High: 473.10
Low: 463.10
Prev. Close: 473.10
EZJ Live PriceLast checked at -

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Broker tips: Aberdeen, Petrofac, easyJet

Tue, 19th Nov 2013 11:38

Aberdeen Asset Management was trading in the red on Tuesday morning as the share price pulled back from its near-15 per cent surge the day before following the company's acquisition of Scottish Widows Investment Partnership (SWIP) from Lloyds. Numis Securities was also weighing on the stock after downgrading its rating from 'buy' to 'hold', saying that the share price is "now up with events" and that the SWIP purchase is now "more than priced in".UBS has slashed its target price for oilfield services group Petrofac by almost a quarter after the company warned on Monday that contract delays could hamper growth in 2014 and possibly beyond.However, the bank maintained its positive 'buy' recommendation for the stock, saying that its new target of 1,400p (down from 1,850p) is set at 12 times 2014 earnings, below the five-year average forward multiple of 12.3. This is still well above current levels, especially after Monday's near-17% decline.Panmure Gordon retained its 'buy' rating for airline group easyJet, saying that it remains optimistic about the long-term prospects of the business after its strong annual results, unexpected special dividend and decent outlook.The broker said: "We are not concerned about longer-term pricing pressure as there does not appear to be significant new capacity entering the short-haul market. The company has a strong structural cost advantage over most of its competitors, creating a highly attractive value proposition."BC
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Director dealings: EasyJet non-exec invests, AO World CFO sells incentive shares

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As wildfires rage in Greece, tourists flee and locals shelter

Wildfires burn for 7th day on Rhodes

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