Is the Webjet (ASX:WEB) share price a bargain buy?

The Webjet Limited (ASX: WEB) share price has been out of form over the last four weeks.

Since this time on 18 March, the online travel agent’s shares have fallen approximately 15%.

This has been driven by concerns over the vaccine rollout and its decision to raise more funds last week.

Is this a buying opportunity?

According to a note out of Goldman Sachs this morning, its analysts believe the recent weakness in the Webjet share price is a buying opportunity.

Although the broker has downgraded its earnings forecasts to reflect its convertible notes offering, it has retained the buy rating and $7.00 price target it has on its shares.

Based on the current Webjet share price of $5.31, this implies potential upside of almost 32%…