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easyJet: Stifel hails quarterly publication
(CercleFinance.com) - Stifel confirms its 'buy' recommendation on and 650 pence target price for easyJet shares, deeming its quarterly publication positive in the context of the warning issued earlier this week by its Irish peer Ryanair.
The broker points out that the British low-cost airline posted a pre-tax profit of £237m for Q3, beating both the consensus (£217m) and its own estimate (£215m).
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The broker points out that the British low-cost airline posted a pre-tax profit of £237m for Q3, beating both the consensus (£217m) and its own estimate (£215m).
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.