Liberum Capital Reiterates “Hold” Rating for Fastjet PLC (FJET)

Fastjet PLC (LON:FJET)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 23 ($0.30) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 3.95% from the stock’s previous close.

Fastjet PLC (LON:FJET) opened at 25.75 on Thursday. The firm’s market capitalization is GBX 24.91 million. The company has a 50 day moving average price of GBX 25.17 and a 200 day moving average price of GBX 28.02. Fastjet PLC has a 52-week low of GBX 18.80 and a 52-week high of GBX 91.95.

About Fastjet PLC

fastjet Plc, formerly Rubicon Diversified Investments PLC, is a United Kingdom-based holding company. The Company operates low-cost airline, fasatjet. It operates a fleet of three Airbus A319s in the key domestic routes within Tanzania and number of international destinations. fastjet operates in domestic routes and services from its Tanzanian base in Dar-es-Salaam to Lusaka, Harare and Entebbe.

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