EasyJet Announces Director Share Awards Under Bonus Plans

EasyJet ( (GB:EZJ) ) has provided an update.

EasyJet plc has announced that several of its directors and persons discharging managerial responsibilities (PDMRs) have opted to defer a portion of their annual bonuses into shares, resulting in the granting of awards under the Deferred Share Bonus Plan (DSBP) and the Restricted Share Plan (RSP). These awards, which are structured as nil-cost options or conditional awards, are set to vest on the third anniversary of their grant date, contingent upon continued employment. This move reflects EasyJet’s strategy to align management incentives with shareholder interests, potentially impacting the company’s operational dynamics and market positioning.

The most recent analyst rating on (GB:EZJ) stock is a Hold with a £520.00 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 attractive valuation are the primary drivers of its positive stock score. While technical indicators show mixed signals, the overall outlook remains favorable due to the company’s solid financial position and undervaluation.

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

More about EasyJet

EasyJet plc is a prominent player in the airline industry, offering low-cost air travel services across Europe. The company focuses on providing affordable and accessible flight options to a wide range of customers, maintaining a strong presence in the competitive budget airline market.

YTD Price Performance: -10.68%

Average Trading Volume: 3,949,545

Technical Sentiment Signal: Sell

Current Market Cap: £3.69B

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