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Jet2 PLC ( (GB:JET2) ) has issued an update.
Jet2 plc announced that its CEO, Steve Heapy, and CFO, Gary Brown, received shares under the company’s Share Reward Plan, with subsequent sales made to cover associated costs. This transaction clarifies their current shareholdings, correcting previous misreporting, and highlights the company’s commitment to transparency and regulatory compliance.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £1850.00 price target. To see the full list of analyst forecasts on Jet2 PLC stock, see the GB:JET2 Stock Forecast page.
Spark’s Take on GB:JET2 Stock
According to Spark, TipRanks’ AI Analyst, GB:JET2 is a Outperform.
Jet2 PLC demonstrates strong financial performance, supported by robust revenue and profitability growth, effective equity leverage, and strategic financial maneuvers like share buybacks. These strengths are somewhat offset by high liabilities and potential overbought technical indicators. The stock is undervalued, presenting an opportunity for investors, although caution is advised due to mixed technical signals.
To see Spark’s full report on GB:JET2 stock, click here.
More about Jet2 PLC
Jet2 plc is a leading Leisure Travel Group in the UK, comprising Jet2holidays, the top provider of ATOL protected package holidays to destinations across the Mediterranean, Canary Islands, and European Leisure Cities, and Jet2.com, the UK’s third-largest airline by passenger numbers, specializing in scheduled holiday flights. The company operates from 13 UK airport bases.
YTD Price Performance: 3.38%
Average Trading Volume: 799,706
Technical Sentiment Signal: Buy
Current Market Cap: £3.29B
For an in-depth examination of JET2 stock, go to TipRanks’ Overview page.