Flybe Group’s (FLYB) “Hold” Rating Reaffirmed at Liberum Capital

Liberum Capital reissued their hold rating on shares of Flybe Group (LON:FLYB) in a research note published on Friday morning. Liberum Capital currently has a GBX 36 ($0.50) price objective on the stock.

Other equities research analysts have also issued research reports about the company. HSBC reissued a buy rating and set a GBX 45 ($0.62) target price on shares of Flybe Group in a research report on Thursday, February 8th. Numis Securities reissued a hold rating and set a GBX 33 ($0.46) target price on shares of Flybe Group in a research report on Wednesday, January 31st.

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Shares of Flybe Group (LON:FLYB) traded up GBX 0.20 ($0.00) during midday trading on Friday, hitting GBX 34.80 ($0.48). The stock had a trading volume of 395,408 shares, compared to its average volume of 789,607. Flybe Group has a 1-year low of GBX 30.01 ($0.41) and a 1-year high of GBX 49.70 ($0.69). The firm has a market cap of $101.41 and a price-to-earnings ratio of -290.00.

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About Flybe Group

Flybe Group plc (Flybe) operates regional airline in Europe. The Company operates in two segments: Flybe UK, which comprises the Company’s main scheduled United Kingdom domestic and the United Kingdom-Europe passenger operations and revenue ancillary to the provision of those services, and Flybe Aviation Services (FAS), which focuses on providing aviation services to customers, largely in Western Europe.

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