Image source: Getty Images
During last year’s first wave of COVID-19, ASX travel shares were undoubtedly a bargain.
The likes of Qantas Airways Limited (ASX: QAN), Corporate Travel Management Ltd (ASX: CTD), Webjet Limited (ASX: WEB) and Flight Centre Travel Group Ltd (ASX: FLT) saw their share prices crash in March 2020.
But they clawed back some lost ground in a matter of weeks as investors realised sooner or later travel would resume.
They were boosted further at the end of last year when the news of vaccines filled everyone with hope.
But with much of Australia now held hostage by the Delta strain of coronavirus, are these stocks still worth buying?
Or are their share prices now fully priced for the re-opening trade?
Qantas is cleared for further altitude
The share price for the Flying Kangaroo closed Friday 1.47% up at $5.53. Qantas shares have gained almost 39% in the last 12 months.
According to Switzer Financial director Paul Rickard, brokers are targeting $6,…