Thomas Cook Group plc (LON:TCG)‘s stock had its “sell” rating restated by stock analysts at Goldman Sachs Group Inc. in a research note issued on Wednesday. They presently have a GBX 57 ($0.74) price objective on the travel company’s stock. Goldman Sachs Group Inc.’s target price points to a potential downside of 18.34% from the stock’s current price.
Other analysts also recently issued reports about the company. Shore Capital restated a “buy” rating on shares of Thomas Cook Group plc in a report on Thursday, July 28th. Jefferies Group reaffirmed a “buy” rating and set a GBX 100 ($1.31) price target on shares of Thomas Cook Group plc in a research report on Friday, July 15th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 90 ($1.17) price target on shares of Thomas Cook Group plc in a research report on Wednesday, July 13th. Berenberg Bank decreased their price target on shares of Thomas Cook Group plc from GBX 105 ($1.37) to GBX 60 ($0.78) and set a “hold” rating for the company in a research report on Monday, August 1st. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 60 ($0.78) price target on shares of Thomas Cook Group plc in a research report on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Thomas Cook Group plc has an average rating of “Hold” and a consensus price target of GBX 97.21 ($1.27).
Shares of Thomas Cook Group plc (LON:TCG) opened at 70.85 on Wednesday. The firm’s market capitalization is GBX 1.08 billion. Thomas Cook Group plc has a 1-year low of GBX 52.60 and a 1-year high of GBX 127.20. The firm has a 50-day moving average price of GBX 69.09 and a 200-day moving average price of GBX 75.52.
In other Thomas Cook Group plc news, insider Knox,Lesley acquired 46,100 shares of the company’s stock in a transaction that occurred on Friday, July 29th. The shares were purchased at an average price of GBX 65 ($0.85) per share, for a total transaction of £29,965 ($39,113.69).
About Thomas Cook Group plc
Thomas Cook Group plc is a United Kingdom-based leisure travel company. The Company operates in 14 source markets across Europe through its various brands, including Thomas Cook, Neckermann, Condor, JetTours, Ving, Spies and Tjareborg. The Company operates its business through four business segments: United Kingdom and Ireland, Airlines Germany, Continental Europe and Northern Europe.
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