Dart Group (AIM:DTG) – interesting broker comments and forecast changes
Following on from last week’s positive update the Group’s joint brokers have been adjusting their estimates for the high flying airline, travel and logistics group and offering some interesting comments on the sector.
Arden Partners increased their March 2016 pre-tax profit forecasts by 25% to £75.0m and eps to 41p. However, against the background of a strong FY2016, and “with little visibility yet on FY 2017 bookings and mindful of the planned capacity increases by several low cost airlines”, they have moved back profits and earnings for the year ending March 2017 to £65.0m and 35.8p respectively.
It’s a similar story at joint broker Canaccord who upgraded…
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