Thomas Cook Group plc Rating Reiterated by JPMorgan Chase & Co. (TCG)
Thomas Cook Group plc (LON:TCG)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They currently have a GBX 200 ($3.40) price target on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 67.08% from the stock’s previous close.
Thomas Cook Group plc (LON:TCG) traded up 1.79% on Tuesday, hitting GBX 119.70. The stock had a trading volume of 9,762,763 shares. Thomas Cook Group plc has a one year low of GBX 117.842 and a one year high of GBX 189.70. The stock’s 50-day moving average is GBX 131.9 and its 200-day moving average is GBX 164.5. The company’s market cap is £1.723 billion.
TCG has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Thomas Cook Group plc in a research note on Friday, July 18th. They now have a GBX 230 ($3.91) price target on the stock. Separately, analysts at Numis Securities Ltd cut their price target on shares of Thomas Cook Group plc from GBX 175 ($2.97) to GBX 135 ($2.29) in a research note on Thursday, July 17th. They now have a “hold” rating on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Thomas Cook Group plc in a research note on Wednesday, July 16th. They now have a GBX 200 ($3.40) price target on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 193.03 ($3.28).
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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