Fitch Affirms Turkish Airlines' Credit Rating
International credit rating agency Fitch has affirmed Turkish Airlines' (THY) Long-Term Foreign and Local Currency Issuer Default Ratings at 'BB' with a 'Stable' outlook. The decision was made following an assessment of the company's current financial condition and risk profile.
In its evaluation, Fitch emphasized that geopolitical risks remain manageable for THY. However, the agency warned that potential increases in fuel costs could pressure the airline's profitability.
THY's 'BB' rating, while below investment grade, indicates a certain stability in the company's debt repayment capacity. The 'Stable' outlook suggests that no rating changes are expected in the near term.
This is not investment advice.
📊 THYAO — Piyasa Yorumu
■ neutral · 60%Although Fitch's affirmation of the rating is positive news, THYAO stock presents a technically weak outlook. The RSI remains below the neutral zone at 42, while the MACD is below the signal line and trending negative. The price is trading below both the 20-day and 50-day moving averages. The news may provide some short-term support, but the current technical structure does not support a strong upward move. Therefore, a sideways trend can be expected in the short term.
RSI 14
42.8
MACD
-2.48
24h Δ
0.68%
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İş Yatırım, THYAO için Hedef Fiyatını 455 TL ve 'Al' Tavsiyesini Korudu
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