Thomas Cook Group’s (TCG) Equal Weight Rating Reaffirmed at Morgan Stanley
Morgan Stanley reissued their equal weight rating on shares of Thomas Cook Group (LON:TCG) in a report issued on Tuesday morning, Digital Look reports. Morgan Stanley currently has a GBX 50 ($0.65) price target on the travel company’s stock.
A number of other equities research analysts also recently issued reports on TCG. UBS Group reiterated a neutral rating and set a GBX 34 ($0.44) price target on shares of Thomas Cook Group in a research report on Tuesday, January 8th. HSBC reduced their price target on shares of Thomas Cook Group from GBX 70 ($0.91) to GBX 34 ($0.44) and set a buy rating for the company in a research report on Wednesday, February 6th. Shore Capital reiterated a hold rating on shares of Thomas Cook Group in a research report on Thursday, February 7th. Berenberg Bank reiterated a sell rating and set a GBX 12 ($0.16) price target on shares of Thomas Cook Group in a research report on Friday, February 8th. Finally, Numis Securities reiterated a hold rating and set a GBX 32 ($0.42) price target on shares of Thomas Cook Group in a research report on Wednesday, February 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 56.33 ($0.74).
TCG stock opened at GBX 28.63 ($0.37) on Tuesday. Thomas Cook Group has a 12-month low of GBX 19.69 ($0.26) and a 12-month high of GBX 150 ($1.96). The company has a debt-to-equity ratio of 490.72, a current ratio of 0.51 and a quick ratio of 0.44. The company has a market cap of $444.60 million and a PE ratio of -2.70.
Thomas Cook Group plc provides travel services in the United Kingdom, Continental Europe, and Northern Europe. The company operates through Group Tour Operator and Group Airline segments. It owns, manages, or franchises 270 hotels primarily under the Casa Cook, Cook's Club, and Sunwing brands. As of December 12, 2018, the company operated an airline fleet of 101 aircrafts to 120 destinations.
Further Reading: Buy-Side Analysts
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