Today’s Rating: Is Thomas Cook Group PLC (LON:TCG) a Stock to Buy After Barclays Capital Upgrade?

November 24, 2016 - By Marguerite Chambers

Thomas Cook Group PLC (LON:TCG) Upgrade

Thomas Cook Group PLC (LON:TCG)‘s rating was upgraded by research analysts at Barclays Capital to a Overweight rating in a a note sent to investors on Thursday, 24 November. The firm now has a GBX 90.00 price target on the stock. Barclays Capital’s price target gives a potential upside of 12.29%.

Thomas Cook Group plc (LON:TCG) Ratings Coverage

Out of 16 analysts covering Thomas Cook Group PLC (LON:TCG), 7 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 44% are positive. GBX 171 is the highest target while GBX 57 is the lowest. The GBX 107.60 average target is 33.58% above today’s (GBX 80.55) stock price. Thomas Cook Group PLC has been the topic of 77 analyst reports since July 27, 2015 according to StockzIntelligence Inc. AlphaValue maintained the stock with “Buy” rating in Thursday, December 24 report. The firm has “Outperform” rating by Credit Suisse given on Friday, February 19. The rating was maintained by JP Morgan on Thursday, January 14 with “Overweight”. Jefferies maintained Thomas Cook Group plc (LON:TCG) rating on Thursday, September 24. Jefferies has “Buy” rating and GBX 145 price target. As per Monday, August 1, the company rating was maintained by Berenberg. On Thursday, July 23 the stock rating was maintained by AlphaValue with “Buy”. JP Morgan maintained the shares of TCG in a report on Friday, February 5 with “Overweight” rating. The stock of Thomas Cook Group plc (LON:TCG) earned “Neutral” rating by JP Morgan on Friday, May 20. Credit Suisse maintained it with “Outperform” rating and GBX 135 target price in Friday, November 13 report. The stock of Thomas Cook Group plc (LON:TCG) earned “Sell” rating by Goldman Sachs on Wednesday, September 28.

About 3.31M shares traded hands. Thomas Cook Group plc (LON:TCG) has declined 14.04% since April 27, 2016 and is downtrending. It has underperformed by 19.45% the S&P500.

Thomas Cook Group plc is a United Kingdom leisure travel group. The company has a market cap of 1.24 billion GBP. The Firm operates through four divisions: UK, Continental Europe, Northern Europe and Airlines Germany. It has a 21.5 P/E ratio. The Firm offer its services in supplying of hotel beds and airline seats, production and marketing of travel packages, components and ancillaries, omni-channel distribution, customer value and shareholder value.

More important recent Thomas Cook Group plc (LON:TCG) news were published by: which released: “Thomas Cook Lowers Profit Forecast as Attacks Sap Travel Demand” on July 28, 2016, also published article titled: “Moody’s assigns first-time B1 rating to Thomas Cook Group Plc; stable outlook”, published: “Thomas Cook Group plc (TCG.L)” on March 29, 2014. More interesting news about Thomas Cook Group plc (LON:TCG) was released by: Fool.Co.Uk and their article: “Will Thomas Cook Group plc outperform easyJet plc and International …” with publication date: September 27, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News