EASYJET PLC

EZJ
Delayed Quote. Delayed  - 05/18 11:35:20 am
501GBX -0.44%

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01/28/2022 | 01:21am

Easyjet's trading in the final quarter of last year was in line with expectations, despite the weight of the Omicron variant. The budget airline upped its capacity in the final few months of 2021, and managed to trim its losses. With bookings recovering amid refreshed travel rules, analysts at Liberum have marked the stock as a Buy - with a target price of 800p.

Fevertree sales growth for 2021 came in slightly ahead of guidance, while its earnings before interest and tax for the year are expected to be around £61.5m. The fairly upbeat sales have prompted Liberum analysts to shift its advice from Buy to Hold, with the company still vulnerable to raw material inflation. Analysts have also reduced its target price from 2530p to 2300p.

(c) 2022 City A.M., source Newspaper

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