Flybe Group PLC (FLYB) Rating Reiterated by Numis Securities Ltd
Flybe Group PLC (LON:FLYB)‘s stock had its “buy” rating reiterated by stock analysts at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 100 ($1.24) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 136.69% from the company’s previous close.
Separately, Liberum Capital dropped their price objective on shares of Flybe Group PLC from GBX 105 ($1.30) to GBX 55 ($0.68) and set a “buy” rating for the company in a research note on Wednesday, July 27th.
Flybe Group PLC (LON:FLYB) opened at 42.5625 on Wednesday. The stock’s market cap is GBX 92.21 million. Flybe Group PLC has a 1-year low of GBX 29.90 and a 1-year high of GBX 94.50. The company’s 50 day moving average is GBX 42.47 and its 200-day moving average is GBX 46.19.
In related news, insider Simon T. Laffin acquired 191,404 shares of the company’s stock in a transaction dated Wednesday, November 9th. The stock was bought at an average price of GBX 39 ($0.48) per share, with a total value of £74,647.56 ($92,465.70).
About Flybe Group PLC
Flybe Group plc (Flybe) operates regional airline in Europe. The Company operates in two segments: Flybe UK, which comprises the Company’s main scheduled United Kingdom domestic and the United Kingdom-Europe passenger operations and revenue ancillary to the provision of those services, and Flybe Aviation Services (FAS), which focuses on providing aviation services to customers, largely in Western Europe.
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