Liberum Capital restated their buy rating on shares of Flybe Group PLC (LON:FLYB) in a research report released on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 120 ($1.71) target price on the stock.

Shares of Flybe Group PLC (LON:FLYB) traded down 7.50% on Thursday, reaching GBX 74.00. The company had a trading volume of 352,477 shares. The stock has a 50 day moving average price of GBX 86.71 and a 200-day moving average price of GBX 85.35. The company’s market capitalization is GBX 160.33 million. Flybe Group PLC has a 12 month low of GBX 52.00 and a 12 month high of GBX 99.00.

Several other brokerages have also recently issued reports on FLYB. HSBC restated a buy rating and set a GBX 115 ($1.64) price objective on shares of Flybe Group PLC in a research note on Thursday, January 21st. Numis Securities Ltd reissued a buy rating and set a GBX 132 ($1.88) target price on shares of Flybe Group PLC in a report on Wednesday, November 11th.

Flybe Group plc is a United Kingdom-based regional airline company with scheduled and white label flying operations based out the United Kingdom and Finland (LON:FLYB). As of June 30, 2014, its fleet had 96 aircraft. The Company’s maintenance, repair and overhaul (MRO) business supports the airline’s operations and serves third-party customers through the provision of aircraft maintenance and overhauls.

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