** Analysts at Jefferies downgrade rating on Australian online travel agency Webjet WJL.AX to "hold" from "buy"
** Company on Wednesday reported a drop in its total transaction value (TTV) for fiscal year 2025 of A$1.50 billion ($965.25 million) down 6% from a year ago
** Webjet has "to swim hard against strong online travel agency (OTA) currents from a sub-scale position" - brokerage
** Brokerage adds it should have started achieving the aim of doubling TTV in terms of their flights, hotels and business by 2030, years ago
** Brokerage tweaks FY26 TTV growth down by 3% for the company
** However, Jefferies ups PT on WJL to A$0.95 from A$0.90, since the company kept its FY26 forecast unchanged
** Two of 10 analysts rate the stock "buy" or higher, six "hold" and two "sell" or lower; their median PT is A$1.12, according to data compiled by LSEG
** WJL stock flat this year, as of last close
($1 = 1.5540 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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