Numis Securities Upgrades Thomas Cook Group (TCG) to Buy


Numis Securities upgraded shares of Thomas Cook Group (LON:TCG) to a buy rating in a report issued on Wednesday. The firm currently has GBX 154 ($2.04) price objective on the travel company’s stock, down from their previous price objective of GBX 159 ($2.10).


Other research analysts have also issued research reports about the stock. Shore Capital restated a buy rating on shares of Thomas Cook Group in a research note on Thursday, May 17th. Jefferies Financial Group restated a buy rating on shares of Thomas Cook Group in a research note on Monday, April 30th. Sanford C. Bernstein restated a market perform rating and set a GBX 127 ($1.68) price target on shares of Thomas Cook Group in a research note on Friday, May 18th. Credit Suisse Group restated an outperform rating on shares of Thomas Cook Group in a research note on Tuesday, May 15th. Finally, Morgan Stanley restated an overweight rating and set a GBX 155 ($2.05) price target (up previously from GBX 140 ($1.85)) on shares of Thomas Cook Group in a research note on Wednesday, May 23rd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 132.33 ($1.75).


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Shares of Thomas Cook Group stock opened at GBX 95.30 ($1.26) on Wednesday. Thomas Cook Group has a 12-month low of GBX 83.25 ($1.10) and a 12-month high of GBX 132.20 ($1.75).

Thomas Cook Group Company Profile

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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Analyst Recommendations for Thomas Cook Group (LON:TCG)