UBS Group reiterated their neutral rating on shares of Thomas Cook Group (LON:TCG) in a report issued on Wednesday, April 24th, ThisIsMoney.Co.Uk reports. They currently have a GBX 27 ($0.35) target price on the travel company’s stock, down from their previous target price of GBX 32 ($0.42).
A number of other equities analysts also recently commented on TCG. Morgan Stanley downgraded shares of Thomas Cook Group to an equal weight rating and reduced their price objective for the stock from GBX 155 ($2.03) to GBX 60 ($0.78) in a research note on Wednesday, January 30th. Berenberg Bank reissued a sell rating and issued a GBX 12 ($0.16) price objective on shares of Thomas Cook Group in a research note on Friday, February 8th. Shore Capital reissued a hold rating on shares of Thomas Cook Group in a research note on Thursday, February 7th. HSBC reduced their price objective 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 note on Wednesday, February 6th. Finally, Numis Securities reissued a hold rating and issued a GBX 32 ($0.42) price objective on shares of Thomas Cook Group in a research note on Wednesday, February 20th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 51.18 ($0.67).
Shares of Thomas Cook Group stock traded down GBX 7.80 ($0.10) on Wednesday, hitting GBX 11.80 ($0.15). 200,260,131 shares of the company traded hands, compared to its average volume of 4,480,000. The company has a debt-to-equity ratio of 490.72, a quick ratio of 0.44 and a current ratio of 0.51. Thomas Cook Group has a 52 week low of GBX 19.69 ($0.26) and a 52 week high of GBX 150 ($1.96). The company has a market capitalization of $180.97 million and a PE ratio of -1.11.
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.
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