Liberum Capital Lowers Flybe Group PLC (FLYB) Price Target to GBX 36

Flybe Group PLC (LON:FLYB) had its price target decreased by equities research analysts at Liberum Capital from GBX 50 ($0.66) to GBX 36 ($0.47) in a research report issued on Thursday. The firm presently has a “hold” rating on the stock.

Separately, Numis Securities Ltd restated an “under review” rating on shares of Flybe Group PLC in a report on Wednesday, October 18th.

Shares of Flybe Group PLC (LON FLYB) traded up GBX 0.25 ($0.00) during midday trading on Thursday, hitting GBX 36 ($0.47). The company had a trading volume of 1,305,258 shares, compared to its average volume of 693,805. Flybe Group PLC has a twelve month low of GBX 31 ($0.41) and a twelve month high of GBX 51.17 ($0.67).

Flybe Group PLC (LON:FLYB) last issued its earnings results on Thursday, November 9th. The company reported GBX 7 ($0.09) earnings per share (EPS) for the quarter. The business had revenue of £418.50 million for the quarter. Flybe Group PLC had a negative return on equity of 49.89% and a negative net margin of 12.36%.

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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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