Jet2 (LON:JET2) Hits New 12-Month High at $1,446.00

Jet2 plc (LON:JET2Get Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 1,446 ($18.53) and last traded at GBX 1,403.09 ($17.98), with a volume of 9418 shares trading hands. The stock had previously closed at GBX 1,406 ($18.01).

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,800 ($23.06) price objective on shares of Jet2 in a report on Friday, February 16th. Canaccord Genuity Group raised their price objective on shares of Jet2 from GBX 1,850 ($23.70) to GBX 1,900 ($24.34) and gave the company a “buy” rating in a research report on Thursday, February 15th.

Check Out Our Latest Stock Report on Jet2

Jet2 Price Performance

The firm has a market capitalization of £3.02 billion, a P/E ratio of 771.43, a price-to-earnings-growth ratio of 9.34 and a beta of 2.26. The company has a debt-to-equity ratio of 87.09, a quick ratio of 1.49 and a current ratio of 1.62. The business has a 50 day simple moving average of GBX 1,337.17 and a two-hundred day simple moving average of GBX 1,199.11.

About Jet2

(Get Free Report)

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.

Read More

Receive News & Ratings for Jet2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jet2 and related companies with MarketBeat.com's FREE daily email newsletter.