Broker Upgrades3 Mar 2025 09:58
JP Morgan raises target price to £6 from £5.50, Strong buy
Jefferies to £4 from £3.50
All based on modelling no doubt, but will institutions actually buy airline stocks when all commentators stress the inherent risks of investing in airlines which are too numerus to list here
We are setting 10% stop losses at each 10% drop from 360p. First sale was last week at 328p and will sell again at below 330p. We do not intend to see profits melt away despite bullish predictions (current holding a big chunk of portfolio at £406K so need to be careful). Be careful of switching into defence stocks, could all go pear shape