Thomas Cook Group (TCG) Receives “Buy” Rating from Shore Capital
A number of other research firms have also recently issued reports on TCG. Berenberg Bank cut shares of Thomas Cook Group to a sell rating and boosted their price objective for the company from GBX 80 ($1.12) to GBX 100 ($1.40) in a research report on Thursday, November 30th. Morgan Stanley boosted their price objective on shares of Thomas Cook Group from GBX 125 ($1.75) to GBX 130 ($1.82) and gave the company an equal weight rating in a research report on Thursday, November 23rd. HSBC started coverage on shares of Thomas Cook Group in a research report on Monday, November 20th. They issued a buy rating and a GBX 140 ($1.96) price objective on the stock. Credit Suisse Group boosted their price objective on shares of Thomas Cook Group from GBX 109 ($1.53) to GBX 112 ($1.57) and gave the company a neutral rating in a research report on Saturday, December 30th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Thomas Cook Group from GBX 105 ($1.47) to GBX 120 ($1.68) and gave the company a neutral rating in a research report on Friday, January 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Thomas Cook Group presently has a consensus rating of Hold and an average target price of GBX 119.22 ($1.67).
Thomas Cook Group (LON TCG) opened at GBX 119 ($1.67) on Thursday. Thomas Cook Group has a 52-week low of GBX 82.59 ($1.16) and a 52-week high of GBX 132.20 ($1.85). The stock has a market cap of $1,830.00 and a PE ratio of 11,900.00.
The business also recently announced a dividend, which will be paid on Thursday, April 5th. Stockholders of record on Thursday, March 8th will be paid a dividend of GBX 0.60 ($0.01) per share. This is a positive change from Thomas Cook Group’s previous dividend of $0.50. The ex-dividend date is Thursday, March 8th. This represents a dividend yield of 0.51%.
In other Thomas Cook Group news, insider Paul Edgecliffe-Johnson acquired 17,852 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were acquired at an average price of GBX 111 ($1.56) per share, with a total value of £19,815.72 ($27,784.24). Also, insider Peter Fankhauser sold 91,348 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of GBX 127 ($1.78), for a total transaction of £116,011.96 ($162,663.99).
ILLEGAL ACTIVITY WARNING: “Thomas Cook Group (TCG) Receives “Buy” Rating from Shore Capital” was first reported by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.watchlistnews.com/thomas-cook-group-tcg-receives-buy-rating-from-shore-capital/1858399.html.
About Thomas Cook Group
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.
Receive News & Ratings for Thomas Cook Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomas Cook Group and related companies with MarketBeat.com's FREE daily email newsletter.