Liberum raises target price on EasyJet
19th Apr 2023 10:26
(Sharecast News) - Analysts at Liberum hiked their target price on low-cost carrier EasyJet from 500.0p to 650.0p on Wednesday, stating it was "shrugging off macro concerns".
Read moreEasyJet lifts guidance as booking demand soars
18th Apr 2023 07:02
(Sharecast News) - Low-cost airline easyJet on Tuesday said it expected to beat market expectations for annual profits due to high demand and strong summer bookings after slashing losses in the first six months of the current year.
Read moreTuesday preview: UK employment, EasyJet in the spotlight
17th Apr 2023 14:51
(Sharecast News) - The market spotlight on Tuesday would shift away a little from the US, barring surprises.
Read moreSunday newspaper round-up: HSBC, Easyjet, Sky
26th Mar 2023 13:22
(Sharecast News) - A group of investors in Hong Kong have jostled HSBC into a shareholder vote on its structure and strategy, including a possible spin-off of its Asian unit. The group was led by minority shareholder Ken Lui. Its argument was that the Asian unit was "effectively subsidising" the western business to the detriment of shareholders. It was not clear if Chinese insurer Ping An would back Lui's latest move. For its part, the board told shareholders in a notice sent ahead of its AGM on 5 May that such a spin-off would "significantly dilute" its strategy, result in a material loss of value and lead to lower dividends, The Sunday Times first reported. - Guardian
Read moreDeutsche Bank upgrades EasyJet on 'dramatic' improvement in UK economic outlook
14th Feb 2023 11:08
(Sharecast News) - Analysts at Deutsche Bank upgraded their recommendation for shares of Easyjet on the back of what they said had been a "dramatic" improvement in the outlook for the UK economy in 2023.
Read moreEasyJet sees 2023 profits ahead of expectations as bookings soar
25th Jan 2023 07:02
(Sharecast News) - Budget airline easyJet said it expected to beat full-year profit expectations as it narrowed losses in the first quarter and forward bookings into the summer surged.
Read moreLiberum lifts price targets on airline stocks
24th Jan 2023 12:41
(Sharecast News) - Liberum said on Tuesday that the airline industry is in the early stages of recovery from the pandemic.
Read moreWednesday preview: US corporate results, EasyJet in the spotlight
24th Jan 2023 11:36
(Sharecast News) - Investors' focus on Wednesday was expected to be on the latest corporate results, especially on the other side of the Pond in the US.
Read moreRyanair, easyJet, Wizz named in Italy probe into Sicily fares
28th Dec 2022 08:49
(Sharecast News) - Low cost airlines Ryanair, easyJet and Wizz Air have been named as part of an inquiry by Italy's antitrust regulator into possible price-fixing for flights in and out of Sicily.
Read moreTuesday preview: UK consumer credit, Easyjet in the spotlight
28th Nov 2022 15:53
(Sharecast News) - Investors' focus on Tuesday will be on consumer credit and mortgage lending in the UK during the month of October.
Read moreEasyJet sees loss of up to £190m after summer airport chaos
13th Oct 2022 07:16
(Sharecast News) - Low-cost airline easyJet said it expected to report annual pre-tax losses of £170m -£190 million, reflecting the summer chaos at UK and European airports where staff shortages led to cancellations amid surging post-pandemic demand.
Read moreSunday newspaper round-up: Energy sector, EdF, Fracking
11th Sep 2022 23:26
(Sharecast News) - Industry sources are warning that the energy sector needs to know the details of the new Prime Ministers' plans to support businesses in order for them to take effect during the next winter. The government has indicated that a more complete plan for businesses will be announced as soon as possible. In another development, Centrica chief executive officer, Chris O'Shea, voiced support for using contracts for difference for long-term electricity prices as part of efforts to ensure lower prices for consumers over the years ahead. - The Sunday Telegraph
Read moreSector movers: Cyclicals, Travel and Leisure names pace gains
27th Jul 2022 17:42
(Sharecast News) - Cyclicals paced gains ahead of the US central bank's policy announcement, possibly on hopes that policymakers might rein in their outlook for further interest rates.
Read moreBerenberg slashes target price on EasyJet following 'messy' Q3 performance
27th Jul 2022 09:55
(Sharecast News) - Analysts at Berenberg slashed their target price on low-cost carrier EasyJet from 750.0p to 560.0p on Wednesday but said the group's "messy" third-quarter performance had masked its "significant" deleveraging.
Read moreEasyJet shareholders approve Airbus aircraft acquisition
20th Jul 2022 15:47
(Sharecast News) - EasyJet shareholders have approved the purchase of 56 Airbus A320neo family aircraft and conversion of 18 A320neo family aircraft to A321neo aircraft.
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