Thomas Cook Group (TCG) Price Target Cut to GBX 66 by Analysts at Citigroup
Thomas Cook Group (LON:TCG) had its price target trimmed by Citigroup from GBX 115 ($1.50) to GBX 66 ($0.86) in a report issued on Wednesday morning. The brokerage currently has a neutral rating on the travel company’s stock.
Other analysts have also issued reports about the stock. Numis Securities reissued a buy rating and set a GBX 154 ($2.01) target price on shares of Thomas Cook Group in a research note on Wednesday, August 1st. Shore Capital lowered shares of Thomas Cook Group to a hold rating in a research note on Monday. Credit Suisse Group cut their target price on shares of Thomas Cook Group from GBX 158 ($2.06) to GBX 140 ($1.82) and set an outperform rating for the company in a research note on Tuesday, September 11th. Finally, UBS Group reissued a sell rating and set a GBX 85 ($1.11) target price on shares of Thomas Cook Group in a research note on Wednesday, August 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. Thomas Cook Group presently has a consensus rating of Hold and an average target price of GBX 117 ($1.52).
Shares of LON:TCG opened at GBX 60.44 ($0.79) on Wednesday. Thomas Cook Group has a twelve month low of GBX 83.25 ($1.08) and a twelve month high of GBX 132.20 ($1.72).
About Thomas Cook Group
Thomas Cook Group plc provides leisure travel services in the United Kingdom, Continental Europe, Northern Europe, and Germany. The company operates through Group Tour Operator and Group Airline segments. It owns, manages, or franchises 190 own-brand hotels in 16 countries under the Casa Cook, Sunwing, Sunprime, Sunconnect, Sentido, Smartline, and Aldiana brands, as well as partner hotels.
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