https://au.investing.com/news/company-news/goldman-sachs-reinstates-coverage-on-webjet-stock-with-buy-rating-93CH-3476992
Really bad timing from Goldmans. The team must have cringed when the downgrade was announced so soon after their coverage. I wonder if it will be “rerated” in the next week or so. Anyway I think there is an over reaction to this latest news like there is to good news. Always swings too hard either way. I still think there are a few reasons to remain optimistic about Web travel groups long-term potential eg market leadership, strong brand, long-term growth potential etc
Goldman Sachs reinstates coverage on Webjet stock with Buy rating
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Last
$4.67 |
Change
-0.140(2.91%) |
Mkt cap ! $1.687B | |||
| Open | High | Low | Value | Volume |
| $4.78 | $4.78 | $4.66 | $12.79M | 2.720M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1073 | $4.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.69 | 4236 | 3 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |