TUI (TUIFY) Lowered to “Hold” at Zacks Investment Research

TUI (OTCMKTS:TUIFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday. They currently have a $12.00 price target on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 5.73% from the stock’s previous close.

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. “

Shares of TUI (OTCMKTS:TUIFY) traded up $0.23 during trading hours on Friday, reaching $11.35. 100 shares of the company’s stock traded hands, compared to its average volume of 243. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.50. TUI has a 1 year low of $6.84 and a 1 year high of $11.35.

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About TUI

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates through Northern Region, Central Region, Western Region, Hotels and Resorts, Cruises, and Other Tourism segments. The company offers flight booking, hotel accommodation, and other tourism services; and incoming services for tour operators and other services to cruise industry.

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