Thomas Cook Group’s (TCG) “Buy” Rating Reaffirmed at Shore Capital

Thomas Cook Group (LON:TCG)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a note issued to investors on Thursday.

Several other research firms have also commented on TCG. Berenberg Bank lowered Thomas Cook Group to a “sell” rating and lifted their price target for the stock from GBX 80 ($1.12) to GBX 100 ($1.40) in a research report on Thursday, November 30th. Morgan Stanley lifted their price target on Thomas Cook Group from GBX 125 ($1.75) to GBX 130 ($1.82) and gave the stock an “equal weight” rating in a research report on Thursday, November 23rd. HSBC started coverage on Thomas Cook Group in a research report on Monday, November 20th. They set a “buy” rating and a GBX 140 ($1.96) price target on the stock. Credit Suisse Group lifted their price target on Thomas Cook Group from GBX 109 ($1.53) to GBX 112 ($1.57) and gave the stock a “neutral” rating in a research report on Saturday, December 30th. Finally, JPMorgan Chase & Co. lifted their price target on Thomas Cook Group from GBX 105 ($1.47) to GBX 120 ($1.68) and gave the stock a “neutral” rating in a research report on Friday, January 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 119.22 ($1.67).

Thomas Cook Group (TCG) traded down GBX 1.40 ($0.02) on Thursday, reaching GBX 119 ($1.67). The company’s stock had a trading volume of 7,062,405 shares, compared to its average volume of 3,900,000. The firm has a market capitalization of $1,830.00 and a price-to-earnings ratio of 11,900.00. Thomas Cook Group has a 52 week low of GBX 82.59 ($1.16) and a 52 week high of GBX 132.20 ($1.85).

Thomas Cook Group (LON:TCG) last released its quarterly earnings results on Wednesday, November 22nd. The travel company reported GBX 9.30 ($0.13) EPS for the quarter, missing the consensus estimate of GBX 9.70 ($0.14) by GBX (0.40) (($0.01)). The firm had revenue of GBX 900.70 billion for the quarter. Thomas Cook Group had a return on equity of 267.21% and a net margin of 4.72%.

In other Thomas Cook Group news, insider Paul Edgecliffe-Johnson purchased 17,852 shares of the firm’s stock in a transaction that occurred on Thursday, November 23rd. The shares were purchased at an average cost of GBX 111 ($1.56) per share, for a total transaction of £19,815.72 ($27,784.24). Also, insider Peter Fankhauser sold 91,348 shares of Thomas Cook Group stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of GBX 127 ($1.78), for a total value of £116,011.96 ($162,663.99).

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About Thomas Cook Group

Thomas Cook Group plc is a holiday company. The Company’s segments are United Kingdom, Continental Europe, Northern Europe and Airlines Germany. Its hotels and resort brands include Sentido, Sunprime, Sunwing, Sunconnect, Smartline and Casa Cook. It has airline operations in Belgium, Scandinavia and the United Kingdom.

Analyst Recommendations for Thomas Cook Group (LON:TCG)

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