A statement released earlier today by Liberum Capital about Fastjet PLC (LON:FJET) maintains the target price at 23.00GBX
- Updated: October 2, 2016
Having a price of 24.50GBX, Fastjet PLC (LON:FJET) traded 16.38% higher on the day. With the last close down -8.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Fastjet PLC has recorded a 50-day average of 25.17GBX and a two hundred day average of 28.02GBX. Volume of trade was down over the average, with 31,520 shares of FJET changing hands under the typical 165,276
Stating a potential downside of -0.06%, Liberum Capital hold steady the price target of Fastjet PLC (LON:FJET) at 23.00GBX
On Thursday September 29, 2016, Liberum Capital released a statement on Fastjet PLC (LON:FJET) upped the target price from 0.00GBX to 23.00GBX that suggested an upside of 0.04%.
With a total market value of 0 GBX, Fastjet PLC has with a one year low of 18.80GBX and a one year high of 91.95GBX .
A total of 2 analysts have released a research note on Fastjet PLC. zero analysts rating the company a strong buy, zero analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 0.64GBX.
More About Fastjet PLC (LON:FJET)
fastjet Plc is the holding company of airlines, such as fastjet Airlines Limited (fastjet Tanzania) and fastjet Zimbabwe. The Company is engaged in providing airline services. Its segments include Tanzania, Zimbabwe, Central and Angola. It operates approximately 10 routes to over 10 destinations in approximately six countries in Africa. Within Tanzania, the Company operates routes connecting Dar es Salaam to Mwanza, Kilimanjaro, Mbeya and Zanzibar, while in Zimbabwe it operates between Harare and Victoria Falls. It operates international routes from Tanzania to Kenya (Nairobi), South African (Johannesburg), Zimbabwe (Harare), Uganda (Entebbe) and Zambia (Lusaka). Its tickets are sold through travel agents, trade, Website bookings (desktop and mobile) and general sales agents, and in Tanzania, the Company runs its own sales offices. Its subsidiaries include Fastjet Aviation Limited, Fastjet Leasing PCC Limited, Fastjet Air TZ (BVI) Limited and Fastjet Leasing UK Limited, among others.
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