Thomas Cook Group plc (LON:TCG) Given Average Recommendation of “Hold” by Brokerages

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Shares of Thomas Cook Group plc (LON:TCG) have been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 36 ($0.47).

Several analysts have recently issued reports on TCG shares. Barclays reiterated a “hold” rating on shares of Bank of Montreal in a research note on Tuesday, June 11th. UBS Group set a $133.00 price objective on LHC Group and gave the company a “buy” rating in a research note on Friday, May 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,050 ($39.85) price objective on shares of Cranswick in a research note on Tuesday, May 28th. Oddo Securities cut Thomas Cook Group to a “reduce” rating and reduced their price objective for the company from GBX 35 ($0.46) to GBX 18 ($0.24) in a research note on Friday, May 17th. Finally, Jefferies Financial Group started coverage on in a research note on Wednesday, July 3rd. They issued an “underperform” rating on the stock.

Shares of LON TCG traded up GBX 0.56 ($0.01) during mid-day trading on Tuesday, hitting GBX 5.74 ($0.08). The company had a trading volume of 49,448,132 shares, compared to its average volume of 4,480,000. The stock has a market cap of $88.19 million and a P/E ratio of -0.06. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 490.72. Thomas Cook Group has a 1-year low of GBX 8.40 ($0.11) and a 1-year high of GBX 109.80 ($1.43). The business’s 50-day moving average price is GBX 13.92.

Thomas Cook Group Company Profile

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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Analyst Recommendations for Thomas Cook Group (LON:TCG)

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