Flight Centre's Bull Sees Cruise Agency Deal as Strategically Sound -- Market Talk

Dow Jones
2025/12/17

0223 GMT - Flight Centre Travel Group's acquisition of U.K. online cruise agency Iglu appears strategically sound to its bulls at Morgans. The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.(megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

December 16, 2025 21:23 ET (02:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10