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BA shares rated a ‘buy’
There were mixed performances for travel and tourism shares yesterday as London’s main equity index managed to make a small gain. The benchmark FTSE 100 index pushed ahead 16 points to close at 4428.9, while the FTSE 250 dropped 13.9 points to end the day at 6159.4. British Airways recovered 11p to close at 280p after one broker said the stock had fallen far enough in recent days –and that the shares are now a “buy”. Many other shares in the sector did not fare so well; Ebookers lost 16p to close at 424p, First Choice lost 4.75p to end the day at 129.5, and Ryanair closes at 299.5p, down nearly 7.5p. Alpha Airports 72.5p DOWN 1p BAA 525p UP 1.5p British Airways 280p UP 11p Carnival 2376p UP 9p De Vere 408p UP 2p EasyJet 309.5p UP 0.5p Ebookers 424p DOWN 16p EuroDisney 29.5p NO CHANGE Eurotunnel 37p UP 1.25p First Choice 129.5p DOWN 4.75p Hilton Group 215p UP 0.5p Holidaybreak 571.5p UP 0.5p Intercontinental 507p DOWN 5.5p Lastminute.com 196p DOWN 6p MyTravel 14.5p DOWN 0.5p P&O 227.25p DOWN 6.5p Rank Group 312p UP 2p Ryanair 299.5p DOWN 7.375p Stagecoach 75.5p DOWN 3.5p TBI 65p DOWN 0.25p Report by Tim Gillett, News From Abroad
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