BUZZ-Jefferies raises Aussie Flight Centre Travel's PT after Iglu buy, FY26 outlook boost
Reuters
Dec 11, 2025
BUZZ-Jefferies raises Aussie Flight Centre Travel's PT after Iglu buy, FY26 outlook boost
** Jefferies lifts Flight Centre Travel's FLT.AX price target after the travel agency snapped up UK cruise agency Iglu and raised its FY26 profit outlook
** Brokerage raises price target to A$15.50 from A$14 while keeping "buy" rating
** Flags structural headwinds in the leisure travel segment but backs co's push into less commoditised categories such as luxury and cruise
** Jefferies sees upside from corporate market-share gains as rival Corporate Travel ManagementCTD.AXgrapples with challenges
** As of last close, FLT is down 16.3% YTD, while CTD has surged 21.3%
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