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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: 541.60
Bid: 542.80
Ask: 543.40
Change: -5.20 (-0.95%)
Spread: 0.60 (0.111%)
Open: 550.00
High: 550.80
Low: 541.00
Prev. Close: 546.80
EZJ Live PriceLast checked at -

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Credit Suisse adds to overweight position on insurers

Wed, 09th Mar 2016 12:14

(ShareCast News) - Credit Suisse on Wednesday reiterated its upbeat stance on the insurance sector, adding to its 'overweight' position and recommended investors on "sustainable" yield plays.However, the broker pointed out how the sector was "very sensitive" to credit spreads - which were pricing in 60% odds of a recession.Nonetheless, in the opinion of Credit Suisse strategist Andrew Garthwaite, the sector offered the best combination of yield and dividend per share momentum.Axa and Aviva were sporting dividend yields of 5.7% and 5.5%, respectively, Garthwaite said in a research note sent to clients.As an investment style, dividend yield (with growth) had followed bond yields, which he "struggled to see rising significantly".Among the companies he was focused on were those offering high cash flow returns on investment, good cover in terms of free cash flow and yielding over 3.0%, such as Senior, easyJet, Capita and ITV.UK regulated utilities were trading near all-time extremes on yield relatives, he added, whereas Continental European regulated utilities look cheaper, he added.Price-momentum as an investing style was now oversold and Beta (Travis Perkins), despite a bounce, was still "abnormally cheap," he said.Within the same research note the strategist downgraded small capitalisation stocks in Europe from 'overweight' to 'neutral', largely because of slowing economic momentum.Garthwaite stayed at 'overweight' on UK large-capitalisation stocks and US small caps.
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18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

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14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

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10 Aug 2023 12:00

Italy's cap on island airfares ignites feud with Ryanair

ROME, Aug 10 (Reuters) - A decision by the Italian government to cap airfares to the islands of Sicily and Sardinia has prompted a dispute with airlines and been branded illegal by Ryanair, in a fresh sign of friction between Rome and big business.

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7 Aug 2023 14:40

Airlines take aim at Italy's plans to bring down sky-high prices

ROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules.

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4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

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3 Aug 2023 15:48

Spain to probe budget airlines over hand luggage fees

MADRID, Aug 3 (Reuters) - Spain's Ministry of Consumer Affairs said on Thursday it had opened an investigation into low-cost airlines over hand luggage and other fees, which result in the price most consumers pay being higher than the one that was initially advertised.

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27 Jul 2023 10:50

Director dealings: EasyJet non-exec invests, AO World CFO sells incentive shares

(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.

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25 Jul 2023 15:31

KLM, major airlines appeal against Schiphol flight curbs

PARIS, July 25 (Reuters) - KLM, Delta, United and scores of carriers have filed an appeal at the Dutch Supreme Court to overturn a move by the Dutch government to curb traffic at Amsterdam's Schiphol Airport, the Dutch airline said on Tuesday.

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24 Jul 2023 19:57

As wildfires rage in Greece, tourists flee and locals shelter

Wildfires burn for 7th day on Rhodes

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24 Jul 2023 17:09

UK's FTSE 100 edges higher on gains in energy shares

Vodafone Group up after Q1 results

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24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

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24 Jul 2023 12:48

Jet2 adds more flights to bring Britons back from Rhodes

LONDON, July 24 (Reuters) - British travel company Jet2 said it would operate four extra flights on Monday night to bring more of its customers back to the United Kingdom, after wildfires on the Greek island of Rhodes left them stranded.

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24 Jul 2023 12:31

Ryanair sees wet weather elsewhere boosting Mediterranean holidays

DUBLIN, July 24 (Reuters) - Ryanair is seeing no sign of a change in booking habits due to a heatwave in parts of Europe and if anything expects wet weather in other parts of the continent to boost Mediterranean holidays, Chief Executive Michael O'Leary said on Monday.

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24 Jul 2023 11:47

Ryanair cautious about winter travel after quarterly profit soars

April-June profit jumps to 663 million euros

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