In a report released today, Samuel Seow from Citi maintained a Buy rating on Flight Centre Travel Group Limited (FGETF – Research Report), with a price target of A$25.85. The company’s shares closed last Monday at $14.00.
According to TipRanks, Seow is a 3-star analyst with an average return of 1.2% and a 50.50% success rate. Seow covers the Industrials sector, focusing on stocks such as James Hardie, Reliance Worldwide Corp. Ltd., and Brambles Limited.
Currently, the analyst consensus on Flight Centre Travel Group Limited is a Moderate Buy with an average price target of $15.59.
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FGETF market cap is currently $2.82B and has a P/E ratio of 82.27.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FGETF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Flight Centre Travel Group Limited (FGETF) Company Description:
Flight Centre Travel Group Ltd. engages in providing travel retailing, wholesaling and corporate travel management services. It also engages in in-destination travel experience businesses including tour operators, hotel management, destination management companies and wholesaling. The company was founded in 1982 and is headquartered in South Brisbane, Australia.
Citi Sticks to Its Buy Rating for Flight Centre Travel Group Limited (FGETF)
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