Morgans Sticks to Their Buy Rating for Flight Centre Travel Group Limited (FGETF)


Morgans Sticks to Their Buy Rating for Flight Centre Travel Group Limited (FGETF)

According to TipRanks, Moore is a 4-star analyst with an average return of 7.1% and a 53.16% success rate.

Currently, the analyst consensus on Flight Centre Travel Group Limited is a Strong Buy with an average price target of $12.66, a 26.73% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a A$18.45 price target.

Based on Flight Centre Travel Group Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.42 billion and a net profit of $53.04 million. In comparison, last year the company earned a revenue of $1.28 billion and had a net profit of $67.24 million

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