The Goldman Sachs Group Downgrades Webjet (OTCMKTS:WEBJF) to Neutral

Webjet (OTCMKTS:WEBJF – Get Rating) was downgraded by equities researchers at The Goldman Sachs Group from a “conviction-buy” rating to a “neutral” rating in a research report issued on Wednesday, The Fly reports.

Webjet Stock Performance

WEBJF opened at $4.63 on Wednesday. The business’s 50-day simple moving average is $4.63 and its 200 day simple moving average is $3.98. Webjet has a 52-week low of $4.63 and a 52-week high of $4.63.

Webjet Company Profile

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Webjet Limited provides online travel booking services in Australia, New Zealand, the United Arab Emirates, the United Kingdom, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international travel flight deals, hotel accommodation packages, travel insurances, rental cars, and motorhomes.