Are Webjet shares cheap enough to buy?
Following a global de-rating of shares in the travel sector on macroeconomic concerns, the stronger-than-expected recovery in demand raises the question as to whether travel stocks, such as Webjet (ASX:WEB), present an attractive opportunity. While Webjet’s share price performance this year has been patchy, we recently researched the Company to see if there are any catalysts for re-rating. About Webjet Webjet has two key business units – Business to Consumer (B2C) and Business to Business (B2B). The B2C business consists …