Thomas Cook Group plc (TCG) Price Target Raised to GBX 115
Thomas Cook Group plc (LON:TCG) had its price objective lifted by Citigroup Inc. from GBX 80 ($1.06) to GBX 115 ($1.52) in a research note released on Monday morning. Citigroup Inc. currently has a neutral rating on the travel company’s stock.
TCG has been the topic of several other reports. Credit Suisse Group increased their price objective on shares of Thomas Cook Group plc from GBX 88 ($1.16) to GBX 94 ($1.24) and gave the stock a neutral rating in a report on Thursday, June 8th. Shore Capital reiterated a buy rating on shares of Thomas Cook Group plc in a report on Thursday, July 27th. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 90 ($1.19) price objective on shares of Thomas Cook Group plc in a report on Friday, May 19th. Panmure Gordon reiterated a sell rating and set a GBX 75 ($0.99) price objective on shares of Thomas Cook Group plc in a report on Thursday, May 18th. Finally, Barclays PLC lowered shares of Thomas Cook Group plc to an equal weight rating and set a GBX 100 ($1.32) price objective on the stock. in a report on Friday, May 19th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 91.78 ($1.21).
Shares of Thomas Cook Group plc (TCG) opened at 111.90 on Monday. Thomas Cook Group plc has a 12 month low of GBX 57.85 and a 12 month high of GBX 114.10. The firm’s market capitalization is GBX 1.71 billion. The firm’s 50 day moving average is GBX 95.83 and its 200-day moving average is GBX 91.28.
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About Thomas Cook Group plc
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.
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