Thomas Cook Group plc Receives Average Recommendation of “Buy” from Brokerages (LON:TCG)
Shares of Thomas Cook Group plc (LON:TCG) have earned an average rating of “Buy” from the eighteen analysts that are presently covering the stock, American Banking & Market News reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 192.66 ($3.19).
Shares of Thomas Cook Group plc (LON:TCG) opened at 125.20 on Friday. Thomas Cook Group plc has a 52-week low of GBX 112.881 and a 52-week high of GBX 189.70. The stock has a 50-day moving average of GBX 122.6 and a 200-day moving average of GBX 156.8. The company’s market cap is £1.803 billion.
TCG has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Thomas Cook Group plc in a research note on Monday, August 11th. They now have a GBX 224 ($3.71) price target on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Thomas Cook Group plc from GBX 253 ($4.19) to GBX 235 ($3.89) in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Thomas Cook Group plc in a research note on Thursday, July 31st. They now have a GBX 230 ($3.81) price target on the stock.
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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