Flybe Group PLC (FLYB) Earns “Buy” Rating from Liberum Capital
A number of other brokerages also recently commented on FLYB. Numis Securities Ltd restated a buy rating and issued a GBX 100 ($1.22) target price on shares of Flybe Group PLC in a research note on Wednesday, November 9th. HSBC upgraded Flybe Group PLC to a buy rating and boosted their target price for the company from GBX 20 ($0.24) to GBX 55 ($0.67) in a research note on Friday, November 18th.
Shares of Flybe Group PLC (LON:FLYB) opened at 45.20 on Tuesday. The stock’s market capitalization is GBX 97.93 million. Flybe Group PLC has a 12-month low of GBX 29.90 and a 12-month high of GBX 87.00. The firm’s 50-day moving average price is GBX 43.70 and its 200 day moving average price is GBX 43.21.
In related news, insider Simon T. Laffin purchased 191,404 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was bought at an average price of GBX 39 ($0.47) per share, for a total transaction of £74,647.56 ($90,778.99).
Flybe Group PLC Company Profile
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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