Web Travel's Reinvestment Should Improve Business Quality -- Market Talk

Dow Jones

2025/05/29

0230 GMT - Web Travel's reinvestment in direct contracting should incrementally increase confidence in the Australian travel booker's take rates, Citi analyst Samuel Seow reckons. He tells clients in a note that the spending is likely to improve the quality of the business. Seow sees Web Travel's fiscal 2025 result as broadly in line with his expectations, and its outlook as positive. Citi has a last-published neutral rating and a A$5.50 target price on the stock, which is down 1.5% at A$5.18. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 28, 2025 22:31 ET (02:31 GMT)

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Seow sees Web Travel's fiscal 2025 result as broadly in line with his expectations, and its outlook as positive. Citi has a last-published neutral rating and a A$5.50 target price on the stock, which is down 1.5% at A$5.18. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 28, 2025 22:31 ET (02:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}