Flybe Group PLC (FLYB) Stock Rating Reaffirmed by Liberum Capital

Flybe Group PLC (LON:FLYB)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 50 ($0.65) target price on the stock. Liberum Capital’s price target suggests a potential upside of 51.52% from the stock’s previous close.

Separately, HSBC Holdings plc reiterated a “buy” rating and issued a GBX 50 ($0.65) price target on shares of Flybe Group PLC in a research note on Thursday, May 4th.

Shares of Flybe Group PLC (FLYB) opened at 33.70 on Monday. Flybe Group PLC has a 52-week low of GBX 29.90 and a 52-week high of GBX 57.50. The company’s market cap is GBX 73.01 million. The stock’s 50 day moving average price is GBX 38.13 and its 200-day moving average price is GBX 42.82.

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In related news, insider Christine Ourmieres-Widener bought 119,760 shares of the stock in a transaction that occurred on Thursday, March 30th. The stock was acquired at an average cost of GBX 42 ($0.54) per share, with a total value of £50,299.20 ($64,994.44).

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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