Flight Centre Travel Group Limited

( ASX:FLT ) - ASX200 Consumer Services


Analyst Views

FLT – Macquarie rates the stock as Neutral

Macquarie has surveyed 40 travel agents, airlines and hotel operators to gauge recent travel trends. The consensus view is that conditions are subdued for both domestic and international travel. Global political uncertainty and corporates mandating travel freezes of varying degrees are having an impact.

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FLT – Citi rates as Sell

The share price has been on strong uptrend with Citi analysts referencing a positive turn in the industry’s cycle with oil prices having increased by circa 40% over the past 12 months; this is driving up airfares, helping revenue growth for travel agents such as Flight Centre.

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