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Jet2 plc
DRTGFConsumer CyclicalOTCGB
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UBS sees more than 67% upside in Jet2 PLC (AIM:JET2) after the leisure airline and package holiday group guided full-year profit broadly in line with market expectations despite the cost of launching at Gatwick. The bank has repeated a 'Buy' rating and 1,790p price target on the shares, compared with a 1,070p closing price on 28 April.
Jet2 PLC (AIM:JET2) said it expects to report full-year profit for the year to March in line with market expectations, but said visibility for the coming summer season is unclear as later and later bookings have become the norm. The package holiday and airline group said operating profit for the year to 31 March 2026 will be around £435-440 million, down from £446.5 million the previous year.
