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Jet2: UBS still buying after results

(CercleFinance.com) - The group has announced its results for the year ended 31 March 2024.
Following this announcement, UBS confirms its Buy recommendation on the share, with an unchanged target price of 1,670 pence - a target that implies 30% upside potential for the stock.

FY 2024 is in line, but messages are a little more mixed regarding summer bookings, the broker says.

At the analysts' meeting, comments on price increases were reassuring, but not enough to offset cost inflation of 6%-7%, UBS says.


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