J P Morgan Chase & Co Reaffirms “Overweight” Rating for Tui AG (TUI)
J P Morgan Chase & Co reiterated their overweight rating on shares of Tui AG (LON:TUI) in a research note released on Friday morning. J P Morgan Chase & Co currently has a GBX 1,345 ($18.09) target price on the stock.
TUI has been the topic of several other research reports. Shore Capital reiterated a buy rating on shares of Tui AG in a report on Thursday, August 10th. Credit Suisse Group upgraded Tui AG to a neutral rating and increased their target price for the company from GBX 1,100 ($14.79) to GBX 1,300 ($17.48) in a report on Monday, August 14th. Barclays PLC restated an overweight rating and set a GBX 1,480 ($19.90) target price (up from GBX 1,270 ($17.08)) on shares of Tui AG in a report on Tuesday, September 5th. Deutsche Bank AG restated a buy rating and set a GBX 1,350 ($18.15) price target on shares of Tui AG in a research report on Friday, August 4th. Finally, Berenberg Bank restated a buy rating and set a GBX 1,300 ($17.48) price target on shares of Tui AG in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 1,244.38 ($16.73).
Tui AG (LON:TUI) opened at 1282.00 on Friday. The stock’s 50 day moving average is GBX 1,294.51 and its 200-day moving average is GBX 1,180.78. Tui AG has a one year low of GBX 934.38 and a one year high of GBX 1,347.00. The firm’s market cap is GBX 7.60 billion.
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Tui AG Company Profile
TUI AG is a Germany-based integrated tourism group. The Company operates through the following segments: Central Region, Western Region, Hotels and Resorts, Cruises and Other Tourism. The Central Region segment comprises the tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland.
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