Macquarie Analyst Updates Flight Centre’s Rating
Today, an analyst from Macquarie reaffirmed a Buy rating for Flight Centre Travel Group Limited, setting a target price of A$15.20. The company’s shares were valued at $8.10 at the close of trading last Thursday.
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Additional Ratings
Alongside Macquarie’s positive outlook, Morgan Stanley’s James Bales also issued a Buy rating for Flight Centre Travel Group Limited today. In contrast, Canaccord Genuity maintained a Hold rating on the stock in their report released yesterday.
Company Financials
- Current market capitalization: $1.79 billion
- P/E ratio: 24.31