UBS Analyst Confirms Positive Outlook
Today, UBS analyst Tim Plumbe reiterated a Buy rating for Flight Centre Travel Group Limited, setting a price target of A$13.70. On the previous Thursday, the company’s shares closed at A$8.10.
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Insight from a Seasoned Analyst
Plumbe specializes in the Consumer Cyclical sector, analyzing stocks like IDP Education Ltd., Collins Foods, and Corporate Travel Management Limited. As reported by TipRanks, Plumbe has achieved an average return of 0.2%, along with a 43.28% success rate on his stock recommendations.
Market Consensus and Additional Ratings
- The consensus among analysts is a Strong Buy for Flight Centre Travel Group Limited.
- The average price target among analysts stands at A$9.52, indicating a potential upside of 17.53% from current prices.
- Additionally, Morgan Stanley has also maintained a Buy rating on the stock with a price target of A$16.00.
Company Financials
Currently, Flight Centre Travel Group Limited has a market capitalization of A$1.79 billion and a price-to-earnings (P/E) ratio of 24.31.
