Thomas Cook Group plc Rating Reiterated by Credit Suisse (TCG)
Thomas Cook Group plc (LON:TCG)‘s stock had its “outperform” rating reaffirmed by research analysts at Credit Suisse in a report released on Friday. They currently have a GBX 253 ($4.29) price objective on the stock. Credit Suisse’s target price suggests a potential upside of 81.10% from the stock’s previous close.
A number of other analysts have also recently weighed in on TCG. Analysts at Berenberg Bank initiated coverage on shares of Thomas Cook Group plc in a research note on Friday, June 6th. They set a “buy” rating and a GBX 200 ($3.40) price target on the stock. Separately, analysts at Nomura upgraded shares of Thomas Cook Group plc to a “neutral” rating in a research note on Thursday, May 29th. They now have a GBX 173 ($2.94) price target on the stock. Finally, analysts at Natixis upgraded shares of Thomas Cook Group plc to a “buy” rating in a research note on Friday, May 16th. They now have a GBX 210 ($3.56) price target on the stock. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 198.42 ($3.37).
Shares of Thomas Cook Group plc (LON:TCG) traded up 1.97% on Friday, hitting GBX 139.70. 10,541,560 shares of the company’s stock traded hands. Thomas Cook Group plc has a one year low of GBX 111.30 and a one year high of GBX 189.70. The stock has a 50-day moving average of GBX 160.6 and a 200-day moving average of GBX 172.2. The company’s market cap is £2.011 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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