EasyJet Announces Change in Major Holdings

An announcement from EasyJet ( (GB:EZJ) ) is now available.

EasyJet PLC, a UK-based airline company, has announced a change in major holdings as Bank of America Corporation has adjusted its financial instrument holdings in the company. This notification indicates a shift in voting rights, with the total percentage of voting rights through financial instruments now standing at 8.651449%, impacting EasyJet’s shareholder dynamics and potentially influencing future corporate decisions.

The most recent analyst rating on (GB:EZJ) stock is a Buy with a £8.50 price target. To see the full list of analyst forecasts on EasyJet stock, see the GB:EZJ Stock Forecast page.

Spark’s Take on GB:EZJ Stock

According to Spark, TipRanks’ AI Analyst, GB:EZJ is a Outperform.

EasyJet’s strong financial recovery and strategic corporate activities, such as share incentivization and executive share purchases, highlight robust internal confidence. The technical analysis indicates bullish momentum, although caution is advised due to overbought signals. Attractive valuation metrics further support EasyJet’s positive outlook.

To see Spark’s full report on GB:EZJ stock, click here.

More about EasyJet

Average Trading Volume: 5,079,160

Technical Sentiment Signal: Buy

Current Market Cap: £4.05B

For an in-depth examination of EZJ stock, go to TipRanks’ Overview page.