Jet2 (LON:JET2) Hits New 12-Month Low - Should You Sell?

Market Beat
2026.04.29 09:20
portai
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Jet2 plc (LON:JET2) shares reached a new 52-week low of GBX 980, closing at GBX 1,066. The company is continuing a £100m share buyback and preparing a new London Gatwick base. However, rising jet fuel costs and operational disruptions have negatively impacted sentiment. Analysts maintain a "Moderate Buy" consensus with an average target price of GBX 1,851.17. Insider purchases indicate confidence, with 21.50% of shares held by insiders. Jet2 is a leading leisure travel group in the UK, operating Jet2.com and Jet2holidays.