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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: 490.80
Bid: 493.10
Ask: 493.80
Change: -6.90 (-1.39%)
Spread: 0.70 (0.142%)
Open: 492.30
High: 501.40
Low: 485.90
Prev. Close: 497.70
EZJ Live PriceLast checked at -

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HSBC grounds EasyJet and IAG

Mon, 02nd Nov 2015 09:40

(ShareCast News) - HSBC downgraded EasyJet to 'reduce' from 'hold' and cut the price target to 1,600p from 1,800p.The bank said EasyJet is an excellent business and has traded very well this summer. However, it expects increasing unit revenue pressure from accelerating capacity growth into winter 2015.HSBC said it has reverted to its view that the European short-haul market looks inherently unstable, with five companies pursuing the number three position in the industry."We also see EasyJet's market position under threat from Ryanair's repositioning up-market. Ryanair is rebranding its business, changing the booking and travel experience for the better, entering major airports and launching business traveller friendly routes and schedules. These moves bring the two major carriers into tougher competition."The bank also cut its stance on International Consolidated Airlines Group, to 'hold' from 'buy' and trimmed the target price to 6,250p from 7,000p."We think that investor expectations on IAG are very high," it said."We think that the company will deliver strong profit growth in full-year 2016 and is now starting shareholder cash returns. However, with such high expectations, we believe it will likely struggle to exceed market expectations.HSBC said third-quarter results delivered strong momentum, the strategic position of the company is very good and management well respected.It expects IAG to reassure the market on its strategy at this Friday's capital markets day, but said most commentators are already of the view that this is a strong business.At 1006 GMT, EasyJet shares were down 2.5% at 1,706p and IAG shares were 0.8% higher at 586.92p.
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24 Jul 2023 11:17

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21 Jul 2023 09:33

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

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

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20 Jul 2023 17:02

LONDON MARKET CLOSE: FTSE 100 supported by mining stocks

(Alliance News) - The FTSE 100 in London closed higher on Thursday, extending Wednesday's gains, after it was boosted by mining firms, as well as luxury fashion brand Burberry, on China optimism.

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20 Jul 2023 10:44

easyJet quarterly revenue soars and swings to profit

(Alliance News) - easyJet PLC on Thursday said that its quarterly revenue jumped, whilst it swung to a profit.

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20 Jul 2023 07:38

EasyJet swings to profit in Q3 amid strong demand

(Sharecast News) - Budget airline easyJet said on Thursday that it swung to a pre-tax profit in the third quarter amid strong passenger demand, and that it expects to post record profit for the fourth quarter.

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19 Jul 2023 15:56

Thursday preview: US data, EasyJet in the spotlight

(Sharecast News) - Investors' focus on Thursday would be on another raft of US economic data.

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18 Jul 2023 15:29

Some workers suspend strikes at London's Gatwick -union

LONDON, July 18 (Reuters) -

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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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