Web Travel Group Ltd
WEB: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$7.60 | Yqgqb | Cnsfbmmc |
Webjet: Beds Down Demerger and Full Steam Ahead With WebBeds
Shares in Webjet have commenced trading as a pure global online B2B accommodation bookings provider after the demerger of the B2C units. Reconstituted Webjet is trading at around AUD 7.40 per share, 14% above our recalibrated AUD 6.50 fair value estimate.