Lastminute.com shares jump on bullish forecast
There were mixed fortunes for travel and tourism shares yesterday as London’s two main equity indices moved in different directions.
The FTSE 100 index lost 17.3 points to end the day at 4570.8, while the broader-based FTSE 250 managed to gain 6.3 points to finish at 6269.1.
The most significant move was at Lastminute.com, which added 6p to close at 140p.
The Times reports that Morgan Stanley has repeated its 200p target for the shares, adding that the online trader could reveal “better than expected” summer trading figures on Monday.
Alpha Airports 86.5p NO CHANGE
BAA 553.5p DOWN 2.5p
British Airways 207.5p DOWN 5.25p
Carnival 2717p DOWN 22p
De Vere 432p UP 7.5p
EasyJet 127p DOWN 1p
ebookers 222p UP 1p
EuroDisney 20p NO CHANGE
Eurotunnel 21.5p UP 0.25p
First Choice 132.5p UP 1.5p
Hilton Group 276.75p DOWN 1.75p
Holidaybreak 522p DOWN 5p
Intercontinental 628.5p DOWN 6.5p
Lastminute.com 140p UP 6p
MyTravel 5.5p DOWN 0.25p
P&O 263p DOWN 3p
Rank Group 279.5p DOWN 4p
Ryanair 274.54p DOWN 6.7p
Stagecoach 91.25p UP 1.25p
TBI 67.5p UP 0.5p
Report by Tim Gillett, News From Abroad Ltd
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