Flybe Group PLC (FLYB) Stock Rating Reaffirmed by HSBC Holdings plc

Flybe Group PLC (LON:FLYB)‘s stock had its “buy” rating reiterated by investment analysts at HSBC Holdings plc in a note issued to investors on Monday. They presently have a GBX 55 ($0.69) price objective on the stock. HSBC Holdings plc’s target price suggests a potential upside of 20.22% from the stock’s current price.

FLYB has been the topic of several other reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 50 ($0.62) target price on shares of Flybe Group PLC in a research report on Tuesday, January 10th. Numis Securities Ltd reissued a “buy” rating and set a GBX 100 ($1.25) price target on shares of Flybe Group PLC in a report on Tuesday, October 25th.

Flybe Group PLC (LON:FLYB) opened at 45.75 on Monday. The firm has a 50-day moving average of GBX 44.23 and a 200-day moving average of GBX 43.76. Flybe Group PLC has a 12-month low of GBX 29.90 and a 12-month high of GBX 73.00. The stock’s market capitalization is GBX 99.12 million.

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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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