Commonwealth Bank Reiterates “Neutral” Rating for Flight Centre Travel Group (FLT)
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Flight Centre Travel Group in a research note on Thursday, April 24th. They now have a $62.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Flight Centre Travel Group has a consensus rating of “Buy” and an average target price of A$50.55 ($47.68).
Flight Centre Travel Group (ASX:FLT) traded down 1.94% during mid-day trading on Friday, hitting A$45.010. The stock had a trading volume of 603,994 shares. Flight Centre Travel Group has a one year low of A$32.270 and a one year high of A$54.360. The stock’s 50-day moving average is A$47.91 and its 200-day moving average is A$48.03. The company has a market cap of A$4.525 billion and a P/E ratio of 17.46.
Flight Centre Travel Group Ltd, formerly Flight Centre Limited is an Australia-based company. The Company is engaged in travel retailing, wholesaling and corporate travel management.
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