Jet2 plc (LON:JET2) Insider Angela Luger Purchases 900 Shares

Jet2 plc (LON:JET2) insider Angela Luger acquired 900 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were purchased at an average cost of GBX 1,395 ($18.26) per share, for a total transaction of £12,555 ($16,431.10).

Jet2 Price Performance

Shares of JET2 stock opened at GBX 1,416 ($18.53) on Friday. The stock’s fifty day simple moving average is GBX 1,398.35 and its 200 day simple moving average is GBX 1,381.94. Jet2 plc has a one year low of GBX 960 ($12.56) and a one year high of GBX 1,568 ($20.52). The firm has a market cap of £3.04 billion, a price-to-earnings ratio of 832.94, a P/E/G ratio of 9.34 and a beta of 2.27. The company has a debt-to-equity ratio of 103.30, a current ratio of 1.36 and a quick ratio of 1.49.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on JET2 shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,900 ($24.87) price target on shares of Jet2 in a research note on Thursday, July 11th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,800 ($23.56) target price on shares of Jet2 in a research report on Friday, July 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,000 ($26.17) price target on shares of Jet2 in a research report on Monday, July 15th.

About Jet2

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.