Thomas Cook Group plc Receives “Buy” Rating from Jefferies Group (TCG)
Thomas Cook Group plc (LON:TCG)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a report released on Friday. They currently have a GBX 230 ($3.94) target price on the stock. Jefferies Group’s price objective would indicate a potential upside of 87.45% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd cut their price target on shares of Thomas Cook Group plc from GBX 175 ($3.00) to GBX 135 ($2.31) in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Thomas Cook Group plc in a research note on Wednesday. They now have a GBX 200 ($3.42) 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 Tuesday, July 8th. Two equities 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 company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 194.79 ($3.33).
Thomas Cook Group plc (LON:TCG) traded down 1.60% on Friday, hitting GBX 122.70. The stock had a trading volume of 4,432,611 shares. Thomas Cook Group plc has a 52 week low of GBX 120.20 and a 52 week high of GBX 189.70. The stock has a 50-day moving average of GBX 139.6 and a 200-day moving average of GBX 167.0. The company’s market cap is £1.767 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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