Deutsche Bank Aktiengesellschaft Lowers Jet2 (LON:JET2) Price Target to GBX 1,857

Jet2 (LON:JET2 - Get Free Report) had its price target cut by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 2,059 to GBX 1,857 in a report issued on Wednesday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 39.77% from the stock's previous close.Several other research firms also recently weighed in on JET2. Royal Bank Of Canada reduced their price target on shares of Jet2 from GBX 2,200 to GBX 2,150 and set an "outperform" rating for the company in a research report on Friday, September 5th. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 2,250 price objective on shares of Jet2 in a research note on Wednesday, November 12th. Jefferies Financial Group reissued a "buy" rating and set a GBX 2,100 target price on shares of Jet2 in a report on Thursday. Finally, Panmure Gordon reaffirmed a "buy" rating and issued a GBX 1,700 price target on shares of Jet2 in a research note on Thursday. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 2,017.83.Read Our Latest Stock Analysis on Jet2Jet2 Price PerformanceShares of LON:JET2 traded down GBX 26.42 during midday trading on Wednesday, reaching GBX 1,328.58. 31,125,801 shares of the company's stock traded hands, compared to its average volume of 1,327,573. The company has a fifty day simple moving average of GBX 1,363.75 and a two-hundred day simple moving average of GBX 1,589.61. Jet2 has a 1 year low of GBX 1,088 and a 1 year high of GBX 1,963. The company has a market cap of £2.51 billion, a P/E ratio of 6.41, a PEG ratio of 9.34 and a beta of 2.27. The company has a debt-to-equity ratio of 103.30, a quick ratio of 1.49 and a current ratio of 1.36. Jet2 (LON:JET2 - Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The company reported GBX 300.40 EPS for the quarter. Jet2 had a net margin of 6.38% and a return on equity of 26.53%. Equities analysts predict that Jet2 will post 170.9134615 EPS for the current fiscal year. About Jet2 (Get Free Report)Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays. Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.Read MoreFive stocks we like better than Jet2How to Short Nasdaq: An Easy-to-Follow Guide3 Speculative Stocks to Sell Before the Bottom Drops OutWhat is a Secondary Public Offering? What Investors Need to KnowThe Off-Price Retail King? Why TJX Looks Ready to Break OutProfitably Trade Stocks at 52-Week HighsIntel Could Be the Biggest Winner of TSMC’s AI BottleneckThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Jet2 Right Now?Before you consider Jet2, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jet2 wasn't on the list.While Jet2 currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here