Save from as low as €40 per month
Change modify pause
To get a copy of our full report on easyJet, please click here
Stock to watch: easyJet (Calamatta Cuschieri's 12-month price target 2050p)
EasyJet flies to airports people want to fly to; its principal competitors at these primary airports are the legacy carriers and charter airlines. EasyJet has managed to increase sales year-on-year by at least 10% since 2007. This has often been translated into double digit earnings per share increases.
We start with our 1yr price target of 2050p based on the assumption of sales growth of 13.1% in 2014, 13.0% in 2014 and 10.0% in 2015. The price target is calculated using an Earnings Based Model with a forward PE of 17x and an Equity Risk Premium of 8.0%.
Good day and happy trading!
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting