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In 12 months the smashed up Flight Centre share price could transform $10,000 into…

In 12 months the smashed up Flight Centre share price could transform $10,000 into…

The Flight Centre Travel Group Ltd (ASX: FLT) share price has taken a beating over the past year.

The travel operator has faced intense pressure from online travel agencies and shifting market dynamics. This has caused a lacklustre financial performance and, therefore, a decline in its share price.

At the close of the ASX on Tuesday, Flight Centre’s share price was in the green after rising 1.47% to $12.40 for the day.

But the rebound comes following several months of losses. Over the past month, the Flight Centre share price is 7.12% lower, 29.71% lower over the past six months, and 39.07% lower over the past year.

While the trend paints a disappointing picture, analysts are confident that the company is now…

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