Thomas Cook Group plc (TCG) PT Raised to GBX 65 at Numis Securities Ltd
Thomas Cook Group plc (LON:TCG) had its target price hoisted by Numis Securities Ltd from GBX 60 ($0.78) to GBX 65 ($0.85) in a note issued to investors on Tuesday. The firm currently has a “hold” rating on the travel company’s stock. Numis Securities Ltd’s price target would suggest a potential downside of 9.53% from the stock’s previous close.
TCG has been the topic of a number of other reports. Jefferies Group restated a “buy” rating and set a GBX 100 ($1.31) price objective on shares of Thomas Cook Group plc in a research report on Friday, July 15th. Barclays PLC restated an “equal weight” rating and set a GBX 90 ($1.17) price objective on shares of Thomas Cook Group plc in a research report on Wednesday, July 13th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Thomas Cook Group plc in a research report on Monday. Berenberg Bank decreased their price objective on Thomas Cook Group plc from GBX 105 ($1.37) to GBX 60 ($0.78) and set a “hold” rating on the stock in a research report on Monday, August 1st. Finally, Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 57 ($0.74) price objective on shares of Thomas Cook Group plc in a research report on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 97.21 ($1.27).
Shares of Thomas Cook Group plc (LON:TCG) opened at 71.85 on Tuesday. The company’s 50 day moving average price is GBX 69.40 and its 200 day moving average price is GBX 75.28. Thomas Cook Group plc has a 52-week low of GBX 52.60 and a 52-week high of GBX 127.20. The company’s market capitalization is GBX 1103.51 billion.
In related news, insider Knox,Lesley bought 46,100 shares of the company’s stock in a transaction on Friday, July 29th. The shares were acquired at an average price of GBX 65 ($0.85) per share, with a total value of £29,965 ($39,113.69).
About Thomas Cook Group plc
Thomas Cook Group plc is a United Kingdom-based leisure travel company. The Company operates in 14 source markets across Europe through its various brands, including Thomas Cook, Neckermann, Condor, JetTours, Ving, Spies and Tjareborg. The Company operates its business through four business segments: United Kingdom and Ireland, Airlines Germany, Continental Europe and Northern Europe.
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