Jet2 (LON:JET2) Reaches New 12-Month High at $1,524.00

Jet2 plc (LON:JET2)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 1,524 ($19.29) and last traded at GBX 1,496 ($18.93), with a volume of 19589 shares trading hands. The stock had previously closed at GBX 1,468 ($18.58).

Analyst Ratings Changes

Several brokerages recently commented on JET2. Canaccord Genuity Group lifted their target price on shares of Jet2 from GBX 1,850 ($23.41) to GBX 1,900 ($24.05) and gave the stock a “buy” rating in a research note on Thursday, February 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,800 ($22.78) target price on shares of Jet2 in a research note on Friday, February 16th.

Jet2 Price Performance

The company has a debt-to-equity ratio of 87.09, a current ratio of 1.62 and a quick ratio of 1.49. The company has a market capitalization of £3.23 billion, a PE ratio of 828.02, a price-to-earnings-growth ratio of 9.34 and a beta of 2.26. The stock’s 50 day simple moving average is GBX 1,396.89 and its 200-day simple moving average is GBX 1,247.92.

Jet2 Company Profile

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.