Jefferies Group Reiterates Buy Rating for Thomas Cook Group plc (TCG)
Thomas Cook Group plc (LON:TCG)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Group in a research report issued on Thursday, AmericanBankingNews.com reports. They currently have a GBX 230 ($3.87) price target on the stock. Jefferies Group’s target price suggests a potential upside of 28.78% from the company’s current price.
Thomas Cook Group plc (LON:TCG) traded down 12.60% on Thursday, hitting GBX 156.10. The stock had a trading volume of 33,466,048 shares. Thomas Cook Group plc has a 52-week low of GBX 110.144 and a 52-week high of GBX 189.70. The stock’s 50-day moving average is GBX 176.2 and its 200-day moving average is GBX 171.2. The company’s market cap is £2.241 billion.
A number of other firms have also recently commented on TCG. Analysts at Investec reiterated a “hold” rating on shares of Thomas Cook Group plc in a research note on Thursday. They now have a GBX 180 ($3.03) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Thomas Cook Group plc in a research note on Monday. They now have a GBX 230 ($3.87) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Thomas Cook Group plc in a research note on Friday, May 9th. They now have a GBX 200 ($3.37) price target on the stock. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 196.28 ($3.31).
Thomas Cook Group plc is a United Kingdom-based leisure travel company. The Company operates in 19 source markets and operates under brands, including Thomas Cook, Neckermann, Condor, Jet tours, Ving, Spies and Tja reborg.
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