Thomas Cook Group (LON:TCG) was upgraded by investment analysts at Numis Securities Ltd to an “add” rating in a note issued to investors on Monday, American Banking and Market News reports. The firm currently has a GBX 175 ($2.84) price objective on the stock, up from their previous price objective of GBX 150 ($2.43). Numis Securities Ltd’s target price indicates a potential upside of 17.90% from the company’s current price.
Shares of Thomas Cook Group (LON:TCG) opened at 153.083 on Monday. Thomas Cook Group has a one year low of GBX 19.288 and a one year high of GBX 170.90. The stock has a 50-day moving average of GBX 145.8 and a 200-day moving average of GBX 144.4. The company’s market cap is £1.369 billion.
TCG has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Thomas Cook Group in a research note to investors on Friday. They now have a GBX 180 ($2.92) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Thomas Cook Group in a research note to investors on Friday. They now have a GBX 180 ($2.92) price target on the stock. Finally, analysts at AlphaValue downgraded shares of Thomas Cook Group to a “reduce” rating in a research note to investors on Friday. They now have a GBX 155.50 ($2.52) price target on the stock, up previously from GBX 154.80 ($2.51). Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 150.02 ($2.43).
Thomas Cook Group plc operates under six geographic segments: UK, Central Europe, West & East Europe, Northern Europe, North America and Airlines Germany.
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