Discreetx
2022-03-25

Target price probably about $6. However the recovery is likely to be slow. It is expectedto recover to pre-covid levels by FY2024. Right now the capacity is only about 42%. With the removal of VTL and quarantine, expectpassenger numbers to increase. At same time, SQ posted its first quarterly profit for third quarter since onset of pandemic. Likely the stock will only go upwards as restrictions ease and travel returns. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MichaelPerez
    2022-03-25
    MichaelPerez
    Due to the impact of the war and the reduction of global exchanges, I think the aviation business can no longer return to the previous level, and I am not optimistic about the aviation stocks.
  • CharlesBaker
    2022-03-25
    CharlesBaker
    With the cancellation of epidemic control in most countries in the world, aviation stocks will rebound.
  • BurnellStella
    2022-03-25
    BurnellStella
    The bears have been fully reflected, so there is no need to worry.
  • PandoraHaggai
    2022-03-25
    PandoraHaggai
    Bullish on the stock's performance over the next two years.
  • RandyHall
    2022-03-25
    RandyHall
    During the epidemic, many airlines closed down. Now the remaining airlines will have good business.
  • Hilliton324
    2022-03-25
    Hilliton324
    The recent air crash deserves attention. Do you think it will affect the aviation business?
Leave a comment