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Analysts at Berenberg Bank lowered their target price on shares of Thomas Cook Group plc (LON:TCG) from GBX 200 ($3.40) to GBX 170 ($2.89) in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 40.85% from the stock’s previous close.

Shares of Thomas Cook Group plc (LON:TCG) opened at 120.70 on Wednesday. Thomas Cook Group plc has a one year low of GBX 116.80 and a one year high of GBX 189.70. The stock has a 50-day moving average of GBX 129.3 and a 200-day moving average of GBX 163.5. The company’s market cap is £1.738 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Thomas Cook Group plc in a research note on Tuesday, July 29th. They now have a GBX 200 ($3.40) price target on the stock. Separately, 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. Finally, 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. Two investment 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’s stock. Thomas Cook Group plc presently has a consensus rating of “Buy” and an average price target of GBX 190.21 ($3.23).

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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