Flight Centre Limited Upgraded by CIMB to Outperform (FLT)
Flight Centre Limited (ASX:FLT) was upgraded by research analysts at CIMB to an “outperform” rating in a report released on Friday, American Banking and Market News reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. upgraded shares of Flight Centre Limited (ASX:FLT) to a “neutral” rating in a research note to investors on Friday, July 19th. They now have a $39.09 price target on the stock. Finally, analysts at Credit Suisse reiterated a “positive” rating on shares of Flight Centre Limited (ASX:FLT) in a research note to investors on Tuesday, July 9th.
Shares of Flight Centre Limited (ASX:FLT) traded down 1.51% during mid-day trading on Friday, hitting A$49.610. The stock had a trading volume of 783,473 shares. Flight Centre Limited has a one year low of A$0.000 and a one year high of A$50.580. The stock’s 50-day moving average is A$45.50 and its 200-day moving average is A$39.71. The company has a market cap of A$4.982 billion and a price-to-earnings ratio of 20.63.
Flight Centre Limited (ASX:FLT) is an Australia-based company.
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