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DJ Webjet Tipped for Potential Upside Earnings Surprise -- Market Talk
0101 GMT - Webjet investors could soon get some welcome relief from recent price declines, with UBS tipping the online travel operator for what could be a better-than-expected 1H result. UBS says Webjet guidance implies a very conservative interpretation of synergies from the integration of its Destinations of the World acquisition, while there is potential earnings margin upside from the implementation of a blockchain booking system into its business-to-business unit. Shares in Webjet have shed almost a quarter of their value over the past two weeks over worries about the impact of coronavirus and an analyst report postulating a threat from Google Flights. Webjet shares are down 4.4% at A$11.23. ([email protected]; @StuartLCondie)
(END) Dow Jones Newswires
February 02, 2020 20:01 ET (01:01 GMT)
Ann: Webjet seeks to clarify inaccuracies in analyst report, page-96
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Last
$9.23 |
Change
0.010(0.11%) |
Mkt cap ! $3.610B | |||
| Open | High | Low | Value | Volume |
| $9.28 | $9.28 | $9.16 | $6.824M | 740.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4058 | $9.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.23 | 1818 | 1 |
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| WEB (ASX) Chart |