QAN price on the move

  1. 92 Posts.
    Its not to late to get on the Qantas share plane before it takes-off. The share is increasing as it moves down the runway with reporting on 26 Feb 2015

    What are investors saying about QAN
    The 12 analysts offering 12 month price targets for Qantas Airways Limited have a median target of 2.98, with a high estimate of 4.00 and a low estimate of 1.70. The median estimate represents a 19.48% increase from the last price of 2.49.

    Mr Mitchell(UBS) has raised his 12-month price target on the stock to $4 from $2.80 and now has the most bullish profit forecasts in the market. Qantas shares were trading 7c higher at $2.45 at 11:30am on Tuesday.

    The consensus among other analysts that have issued relatively recent forecasts is for a pretax profit of more than $600 million.
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