Thomas Cook Group plc’s (TCG) Equal weight Rating Reaffirmed at Barclays PLC
Thomas Cook Group plc (LON:TCG)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays PLC in a note issued to investors on Monday. They currently have a GBX 75 ($1.00) price objective on the travel company’s stock. Barclays PLC’s target price points to a potential upside of 1.21% from the company’s previous close.
A number of other research analysts have also weighed in on TCG. Berenberg Bank upgraded Thomas Cook Group plc to a “hold” rating and raised their price objective for the company from GBX 100 ($1.33) to GBX 105 ($1.40) in a research report on Monday, April 18th. Credit Suisse Group AG reiterated an “outperform” rating on shares of Thomas Cook Group plc in a research report on Monday, April 18th. Goldman Sachs Group Inc. dropped their price target on Thomas Cook Group plc from GBX 104 ($1.39) to GBX 94 ($1.25) and set a “sell” rating for the company in a research report on Monday, April 18th. JPMorgan Chase & Co. lowered Thomas Cook Group plc to a “neutral” rating and dropped their price target for the stock from GBX 170 ($2.26) to GBX 100 ($1.33) in a research report on Tuesday, April 26th. Finally, Shore Capital reiterated a “hold” rating on shares of Thomas Cook Group plc in a research report on Thursday, May 19th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. Thomas Cook Group plc has a consensus rating of “Hold” and a consensus target price of GBX 96.86 ($1.29).
Thomas Cook Group plc (LON:TCG) opened at 74.10 on Monday. The stock’s market cap is GBX 1.13 billion. Thomas Cook Group plc has a 12-month low of GBX 52.60 and a 12-month high of GBX 127.20. The firm’s 50 day moving average price is GBX 67.07 and its 200-day moving average price is GBX 77.46.
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In other news, insider Knox,Lesley purchased 46,100 shares of the business’s stock in a transaction on Friday, July 29th. The shares were acquired at an average cost of GBX 65 ($0.87) per share, with a total value of £29,965 ($39,910.76). Also, insider Meysman,Frank purchased 42,000 shares of the business’s stock in a transaction on Monday, June 27th. The stock was purchased at an average cost of GBX 59 ($0.79) per share, for a total transaction of £24,780 ($33,004.79).
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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