Thomas Cook Group Rating Reiterated by JPMorgan Chase & Co. (TCG)
Thomas Cook Group (LON:TCG)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday, ARN reports. They currently have a GBX 180 ($2.81) price objective on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 14.94% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Thomas Cook Group (LON:TCG) in a research note to investors on Friday, September 6th. They now have a GBX 160 ($2.50) price target on the stock. Finally, analysts at AlphaValue reiterated a “sell” rating on shares of Thomas Cook Group (LON:TCG) in a research note to investors on Thursday, August 22nd. They now have a GBX 118 ($1.84) price target on the stock.
Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 136 ($2.13).
Shares of Thomas Cook Group (LON:TCG) traded up 0.83% on Thursday, hitting GBX 157.90. The stock had a trading volume of 8,183,090 shares. The stock has a 50-day moving average of GBX 151.0 and a 200-day moving average of GBX 130.9. The company’s market cap is £1.413 billion.
Thomas Cook Group plc operates under six geographic segments: UK, Central Europe, West & East Europe, Northern Europe, North America and Airlines Germany.
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