Liberum Capital disclosed Fastjet PLC (LON:FJET), upping its target price to 23.00GBX earlier today
- Updated: September 28, 2016
Boasting a price of 22.13GBX, Fastjet PLC (LON:FJET) traded -1.12% lower on the day. With the last stock price close down -21.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Fastjet PLC has recorded a 50-day average of 25.46GBX and a two hundred day average of 28.10GBX. Volume of trade was down over the average, with 5,625 shares of FJET changing hands under the typical 170,758
Liberum Capital bumped up the target of Fastjet PLC (LON:FJET) to 23.00GBX stating a potential 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 equity analysts have released a ratings update on FJET. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 0.64GBX.
Brief Synopsis 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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