Thomas Cook Group plc Rating Increased to Buy at Natixis (TCG)
Thomas Cook Group plc (LON:TCG) was upgraded by investment analysts at Natixis to a “buy” rating in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. The firm currently has a GBX 210 ($3.54) target price on the stock. Natixis’ price target would suggest a potential upside of 34.53% from the company’s current price.
A number of other analysts have also recently weighed in on TCG. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Thomas Cook Group plc in a research note on Thursday. They now have a GBX 253 ($4.26) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Thomas Cook Group plc in a research note on Thursday. They now have a GBX 175 ($2.95) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Thomas Cook Group plc in a research note on Thursday. They now have a GBX 230 ($3.87) price target on the stock. Three research analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 197.09 ($3.32).
Shares of Thomas Cook Group plc (LON:TCG) opened at 155.20 on Friday. Thomas Cook Group plc has a one year low of GBX 110.144 and a one year 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 £2.228 billion.
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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