TUI Travel PT Raised to GBX 440 (TT)
Analysts at Nomura lifted their price target on shares of TUI Travel (LON:TT) from GBX 310 ($5.09) to GBX 440 ($7.22) in a research report issued to clients and investors on Monday, Analyst RN reports. The firm currently has a “neutral” rating on the stock. Nomura’s price objective would suggest a potential upside of 1.62% from the company’s current price.
Shares of TUI Travel (LON:TT) traded down 0.12% on Monday, hitting GBX 433.00. The stock had a trading volume of 1,045,287 shares. TUI Travel has a one year low of GBX 297.70 and a one year high of GBX 438.40. The stock’s 50-day moving average is GBX 417.8 and its 200-day moving average is GBX 382.. The company’s market cap is £4.806 billion.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of TUI Travel in a research note to investors on Friday. They now have a GBX 400 ($6.56) price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of TUI Travel to a “hold” rating in a research note to investors on Thursday. They now have a GBX 425 ($6.97) price target on the stock. Finally, analysts at HSBC raised their price target on shares of TUI Travel from GBX 365 ($5.99) to GBX 430 ($7.05) in a research note to investors on Thursday. They now have a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 411.32 ($6.75).
TUI Travel PLC is a leisure travel company with over 250 brands in 180 countries and more 30 million customers.
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