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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
$8.98 |
Change
-0.030(0.33%) |
Mkt cap ! $3.505B | |||
| Open | High | Low | Value | Volume |
| $9.06 | $9.06 | $8.95 | $11.79M | 1.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5381 | $8.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.00 | 1178 | 2 |
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