Qantas Airways Limited

ASX:QAN

Qantas Airways Limited

ASX:QAN
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$9.00 (+3.2%)
Last close price
#499
Rank
1
Held by
5
Followers
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Consensus
TEPCapital
Company Report
Last edited one year ago
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Performance (10m)
18.5%
Followed by
477
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#Selling
stale
TEPCapital
Added one year ago
View author's company report

I had seen this as an opportunistic purchase ahead of a bumper profit and continued strength in the margin. I still like the value in the business (7x LTM PE) but given the increased politicization of the company, I am cautious of a near-term re-rate.