Optimistic!
FLIGHT CENTRE
Broker: UBS
Rating: Unchanged at BUY2
Price Target: Cuts to $16.00 from $17.00
Comment: UBS has lowered its price target for Flight Centre to $16 from $17 and cut its earnings per share forecasts by 12.7 per cent and 15.1 per cent for the next two years after the company warned on Thursday that it is facing a margin squeeze. With Flight Centre due to implement productivity-boosting new sales and IT systems, UBS kept its recommendation on the stock at 'buy2', but warned a turnaround must come soon.
ubs target $16 ???
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Last
$21.24 |
Change
-0.370(1.71%) |
Mkt cap ! $4.711B | |||
| Open | High | Low | Value | Volume |
| $21.50 | $21.58 | $21.22 | $13.58M | 638.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1468 | $21.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.25 | 15530 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FLT (ASX) Chart |