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The latest update is out from Qantas Airways Limited ( (AU:QAN) ).
Qantas Airways Limited has accepted the Federal Court’s ruling regarding the penalty for its unlawful outsourcing of ground handling operations in 2020, acknowledging the significant impact on its employees. The company has committed to paying a $90 million penalty and has already contributed $120 million to a compensation fund for affected former employees, as part of its efforts to rebuild trust with its workforce and customers.
The most recent analyst rating on (AU:QAN) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Qantas Airways Limited stock, see the AU:QAN Stock Forecast page.
More about Qantas Airways Limited
Qantas Airways Limited is a prominent player in the aviation industry, primarily offering air transportation services. The company is known for its extensive domestic and international flight network, focusing on providing passenger and freight services.
YTD Price Performance: 33.28%
Average Trading Volume: 4,391,237
Technical Sentiment Signal: Buy
Current Market Cap: A$17.48B
For detailed information about QAN stock, go to TipRanks’ Stock Analysis page.