TUI AG (NASDAQ:TUIFY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday. The firm presently has a $8.50 price target on the stock.

According to Zacks, “TUI AG provides tourism services. It offers booking of flights, private jet, hotel accommodation and other tourism services; hotel and apartment accommodation to wholesale customers. The company also provides tour operator services for student trips and language courses, travel experiences and adventures, charter yachts, and skiing and other sporting tours. TUI AG is headquartered in Hanover, Germany. “

TUI AG (NASDAQ:TUIFY) opened at 7.61 on Friday. The stock has a market capitalization of $9.07 billion and a price-to-earnings ratio of 7.27. The company’s 50-day moving average is $7.26 and its 200 day moving average is $6.93. TUI AG has a one year low of $5.55 and a one year high of $7.76.

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