Zacks Investment Research cut shares of TUI (OTCMKTS:TUIFY) from a buy rating to a hold rating in a research report report published on Saturday. They currently have $12.00 price target on the stock.

According to Zacks, “TUI AG provides tourism services. It offers booking of flights, private jet, hotel accommodation and other tourism services; hotel and apartment accommodation to wholesale customers. The company also provides tour operator services for student trips and language courses, travel experiences and adventures, charter yachts, and skiing and other sporting tours. TUI AG is headquartered in Hanover, Germany. “

Shares of TUI (OTCMKTS:TUIFY) opened at $10.35 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.50. TUI has a 12-month low of $6.76 and a 12-month high of $10.43.

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TUI Company Profile

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates through Northern Region, Central Region, Western Region, Hotels and Resorts, Cruises, and Other Tourism segments. The company offers flight booking, hotel accommodation, and other tourism services; and incoming services for tour operators and other services to cruise industry.

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