Thomas Cook Group PT Raised to GBX 230 (TCG)
Equities researchers at JPMorgan Chase & Co. lifted their price target on shares of Thomas Cook Group (LON:TCG) from GBX 200 ($3.28) to GBX 230 ($3.78) in a research report issued on Friday, Analyst Ratings Network reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 36.50% from the company’s current price.
Shares of Thomas Cook Group (LON:TCG) traded down 3.93% on Friday, hitting GBX 168.50. 8,883,958 shares of the company’s stock traded hands. Thomas Cook Group has a one year low of GBX 59.475 and a one year high of GBX 189.70. The stock has a 50-day moving average of GBX 172.0 and a 200-day moving average of GBX 155.7. The company’s market cap is £2.419 billion.
A number of other firms have also recently commented on TCG. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Thomas Cook Group in a research note to investors on Friday. They now have a GBX 230 ($3.78) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Thomas Cook Group in a research note to investors on Thursday, January 9th. They now have a GBX 100 ($1.64) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Thomas Cook Group in a research note to investors on Friday, January 3rd. They now have a GBX 200 ($3.28) price target on the stock. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 165.99 ($2.72).
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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