Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Jet2 PLC ( (GB:JET2) ) just unveiled an update.
Jet2 PLC has announced the purchase of 333,146 ordinary shares as part of its ongoing share buyback program. This move, authorized by shareholders, is part of the second tranche of the program and involves the cancellation of the purchased shares, potentially impacting the company’s share value and market perception.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £18.50 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 Neutral.
Jet2 PLC’s strong financial performance and attractive valuation are the primary drivers of its overall score. However, technical indicators suggest a lack of upward momentum, which tempers the stock’s attractiveness. The absence of earnings call insights and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:JET2 stock, click here.
More about Jet2 PLC
Jet2 PLC is a company operating in the leisure travel industry, primarily offering holiday packages and flights. It focuses on providing affordable travel options to various destinations, catering to a wide range of customers seeking leisure travel experiences.
Average Trading Volume: 751,426
Technical Sentiment Signal: Buy
Current Market Cap: £2.85B
Find detailed analytics on JET2 stock on TipRanks’ Stock Analysis page.