Travel stocks jump as US set to relax rules for jabbed EU, UK passengers

20th Sep 2021 15:07

(Sharecast News) - Travel stocks surged on Monday afternoon as it emerged that vaccinated passengers will be able to travel to the US from the EU and UK from November onwards.

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IAG boss rules out rights issue - report

20th Sep 2021 11:32

(Sharecast News) - International Consolidated Airlines Group, the owner of British Airways, has ruled out asking shareholders for fresh funds.

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EasyJet eyeing BA's Gatwick slots - report

13th Sep 2021 11:31

(Sharecast News) - EasyJet will considerably boost its presence at Gatwick should plans by British Airways to overhaul its short-haul offering flounder, according to reports.

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Berenberg cuts target price on EasyJet after larger-than-expected equity raise

13th Sep 2021 10:42

(Sharecast News) - Analysts at Berenberg cut their target price on low-cost carrier EasyJet from 930.0p to 720.0p on Monday after the group's larger than expected equity raise.

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EasyJet to raise £1.2bn after rejecting Wizz approach

9th Sep 2021 07:39

(Sharecast News) - EasyJet said it would raise £1.2bn in a rights issue to strengthen its balance sheet after rejecting a takeover approach reported to be from Wizz Air.

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EasyJet to raise £1.2bn after rejecting Wizz approach

9th Sep 2021 07:39

(Sharecast News) - EasyJet said it would raise £1.2bn in a rights issue to strengthen its balance sheet after rejecting a takeover approach reported to be from Wizz Air.

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Monday broker round-up

23rd Aug 2021 13:09

(Sharecast News) - Pearson: JP Morgan upgrades to overweight and raises target price from 840.0p to 960.0p.

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Stephen Hester appointed next chair of easyJet board

23rd Aug 2021 07:42

(Sharecast News) - EasyJet announced on Monday that it has appointed Stephen Hester as a director, and chair-designate.

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Europe close: Covid concerns continue to drag on stocks

17th Aug 2021 17:42

(Sharecast News) - European stocks ended the session on a mixed note although investors remained concerned about the potential impact on the global economic recovery of the Delta variant of Covid-19.

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Sunday newspaper round-up: Morrisons, Amazon, Easyjet

1st Aug 2021 12:33

(Sharecast News) - Private equity giant Clayton, Dubilier & Rice (CD&R) is poised to kick off a bidding war for Morrisons amid mounting opposition to the £6.3 billion offer on the table for the grocer from a consortium led by American buyout rival Fortress. CD&R is understood to have been lining up equity and debt financing for a counterbid that could come as soon as this week. - Sunday Times

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Berenberg trims target on EasyJet, sees cash call, cautious on demand recovery

22nd Jul 2021 12:32

(Sharecast News) - Berenberg analysts trimmed their target price for shares of EasyJet from 1,000.0p to 930.0p and kept their recommendation at 'hold', arguing that the shares were "reasonably" priced given the risk of a cash call that could materially dilute investors.

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Thursday broker round-up

22nd Jul 2021 12:03

(Sharecast News) - EasyJet: Berenberg keeps at 'hold' but reduces target price from 1,000.0p to 930.0p.

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Liberum upgrades easyJet, cites attractive entry point

21st Jul 2021 11:15

(Sharecast News) - Liberum upgraded easyJet to 'buy' from 'hold' on Wednesday as it argued that share price weakness has created an "attractive entry point".

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EasyJet plans to fly 60% of pre-Covid capacity as cash burn cut

20th Jul 2021 07:03

(Sharecast News) - Budget airline easyJet on Tuesday said it expected to fly 60% of its pre-pandemic capacity in the fourth quarter as Covid restrictions eased across Europe.

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Tuesday preview: PBoC, Easyjet in the spotlight

19th Jul 2021 14:02

(Sharecast News) - Financial markets' focus on Tuesday will be on central banks in the Asia Pacific region.

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