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Tuesday, February 13, 2018

Turkish Airlines' Climb Turns Some Money Managers Into Cynics - Bloomberg

Turkish Airlines' Climb Turns Some Money Managers Into Cynics
By Tugce Ozsoy and Taylan Bilgic
February 13, 2018, 4:51 AM EST
The share price more than tripled over the past 12 months
Valuations are not ‘screamingly cheap,’ Investec’s Rimmer says

Among Turkish blue chips, there’s no stock that’s had a better 12 months than Turkish Airlines. Now the surge is making some money managers nervous, even if they can find reasons to justify the move.

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