Analysts at Citi upgraded budget carrier EasyJet to 'buy' on Wednesday, pointing to "an easing path on the horizon".
easyJet
11 February 2026 09:40:49
Source: Sharecast
Citi said EasyJet's shares and margins have stagnated for the past two years, with "significant airline costs" negating impressive holidays growth.
However, Citi said it expects margins to trough in FY26, with the debate shifting to FY27 over the next six months, where it thinks "significant fleet replenishment" should start to support the airline business.
"We upgrade the stock to 'buy', with a target price of 600p and 27% expected total return," said Citi.
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