Numis Securities Ltd Upgrades TUI Travel PLC to “Add” (TT)
TUI Travel PLC (LON:TT) was upgraded by analysts at Numis Securities Ltd to an “add” rating in a research report issued to clients and investors on Friday. The firm currently has a GBX 425 ($7.15) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 19.35% from the company’s current price.
A number of other analysts have also recently weighed in on TT. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of TUI Travel PLC in a research note on Wednesday. They now have a GBX 445 ($7.49) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of TUI Travel PLC from GBX 475 ($7.99) to GBX 500 ($8.41) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of TUI Travel PLC in a research note on Friday, July 18th. They now have a GBX 380 ($6.39) price target on the stock. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the stock. TUI Travel PLC has a consensus rating of “Hold” and an average price target of GBX 417.24 ($7.02).
Shares of TUI Travel PLC (LON:TT) traded up 0.08% on Friday, hitting GBX 356.10. The stock had a trading volume of 2,306,722 shares. TUI Travel PLC has a one year low of GBX 329.20 and a one year high of GBX 450.90. The stock has a 50-day moving average of GBX 375.9 and a 200-day moving average of GBX 413.2. The company’s market cap is £3.953 billion.
TUI Travel PLC is a holding Company. The Company is a leisure travel company with over 250 brands in 180 countries.
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