Goldman Sachs Sticks to Their Buy Rating for Qantas Airways Limited (QUBSF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2025
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Source: Business Insider
Analyst Ratings: Goldman Sachs analyst Niraj Shah has maintained a Buy rating on Qantas Airways Limited with a price target of A$11.80, while the current consensus is a Moderate Buy with an average target of $6.50.
Financial Performance: Qantas reported a quarterly revenue of $10.81 billion and a net profit of $382 million for the quarter ending June 30, showing growth from last year's revenue of $9.74 billion but a decline in net profit compared to $743 million the previous year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
