Flight Centre Travel Group (OTCMKTS:FGETF) Rating Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Flight Centre Travel Group (OTCMKTS:FGETF – Get Rating) from a buy rating to a hold rating in a report released on Monday, Zacks.com reports.

According to Zacks, “Flight Centre Limited is engaged in travel agency business, offering domestic and international flights, holiday packages, cruises, ski holidays, last minute hotel deals and travel insurance. The Company provides a complete travel service for leisure and business travelers in Australia, New Zealand, the United States, Canada, the United Kingdom, South Africa, Hong Kong, India, China, Singapore and the United Arab Emirates. Flight Centre Limited is headquartered in Brisbane, Australia. “

Shares of FGETF stock opened at $13.29 on Monday. The stock has a fifty day moving average price of $13.00 and a 200 day moving average price of $11.64. Flight Centre Travel Group has a 1 year low of $13.29 and a 1 year high of $13.29.

Flight Centre Travel Group Company Profile (Get Rating)

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.

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