EasyJet: positive quarterly publication according to Stifel

(CercleFinance.com) - Stifel reaffirms its 'buy' recommendation and 650 pence price target on easyJet, 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 £237 million for its third accounting quarter, beating both consensus (£217 million) and its own estimate (£215 million).

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