TUI Travel Rating Reiterated by Panmure Gordon (TT)
TUI Travel (LON:TT)‘s stock had its “buy” rating reaffirmed by investment analysts at Panmure Gordon in a note issued to investors on Friday, Analyst Ratings News reports. They currently have a GBX 475 ($7.83) price objective on the stock. Panmure Gordon’s price objective indicates a potential upside of 11.66% from the company’s current price.
TUI Travel (LON:TT) traded up 0.09% on Friday, hitting GBX 425.40. 2,054,451 shares of the company’s stock traded hands. TUI Travel has a 52 week low of GBX 295.80 and a 52 week high of GBX 434.80. The stock has a 50-day moving average of GBX 411.4 and a 200-day moving average of GBX 380.3. The company’s market cap is £4.722 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of TUI Travel from GBX 410 ($6.76) to GBX 480 ($7.91) in a research note to investors on Friday, January 24th. They now have an “overweight” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of TUI Travel in a research note to investors on Thursday, January 9th. They now have a GBX 445 ($7.33) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of TUI Travel from GBX 372 ($6.13) to GBX 405 ($6.67) in a research note to investors on Friday, December 13th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. TUI Travel currently has a consensus rating of “Hold” and a consensus target price of GBX 392.32 ($6.46).
TUI Travel PLC is a leisure travel company with over 250 brands in 180 countries and more 30 million customers.
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