Analyst Insights on Flight Centre Travel Group Limited
Belinda Moore, an analyst at Morgans, has upheld a Buy rating for Flight Centre Travel Group Limited (FGETF) and established a price target of A$15.35. This comes as the company’s shares finished at $8.10 last Thursday.
Investment Strategy
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Analyst Performance
Moore specializes in the Consumer Defensive sector and also covers stocks such as Elders Limited, Treasury Wine Estates Limited, and a2 Milk Company. According to data from TipRanks, she has achieved an average return of 7.0% and has a 59.34% success rate with her recommended stocks.
Other Ratings for Flight Centre
In addition to Morgans, Samuel Seow from Citi also issued a Buy rating for Flight Centre Travel Group Limited in a report released today. Conversely, Canaccord Genuity chose to maintain a Hold rating for the same company on the same day.
Recent Earnings Report
Flight Centre Travel Group Limited recently disclosed its earnings for the quarter ending December 31. The company reported quarterly revenue of $1.33 billion and a net profit of $60.47 million. By comparison, for the same period last year, Flight Centre had revenue of $1.29 billion and a net profit of $86.6 million.
