Stagecoach tipped for the future

Tuesday, 18 Mar, 2004 0

There were several strong performances by travel and tourism shares yesterday as London’s equity markets pushed ahead. The FTSE 100 index gained 27.9 points to close at 4456.8, while the FTSE 250 did even better, rising 49.7 points to end the day at 6209.1. The best performances came from British Airways, which gained 10p to close at 290p, and lastminute.com, up 11p at 207p. One significant move came at Stagecoach, which gained 1.75p to 77.25p after a broker’s recommendation. According to The Guardian newspaper, Dresdner Kleinwort Wasserstein said the firm has prospects of a “significant capital return”, justifying a target share price of 100p. Alpha Airports 74p UP 1.5p BAA 527.5p UP 2.5p British Airways 290p UP 10p Carnival 2458p UP 82p De Vere 404.75p DOWN 3.25p EasyJet 313.25p UP 3.75p Ebookers 425p UP 1p EuroDisney 27.5p DOWN 2p Eurotunnel 35.5p DOWN 1.5p First Choice 131.25p UP 1.75p Hilton Group 219.75p UP 4.75p Holidaybreak 572p UP 0.5p Intercontinental 507.5p UP 0.5p Lastminute.com 207p UP 11p MyTravel 14.75p UP 0.75p P&O 226.5p UP 8.25p Rank Group 311.75p DOWN 0.25p Ryanair 296p DOWN 3.375p Stagecoach 77.25p UP 1.75p TBI 66.75p UP 1.75p Report by Tim Gillett, News From Abroad



 



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...