Tui AG (TUI) Receives Buy Rating from Berenberg Bank
Tui AG (LON:TUI)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Thursday. They presently have a GBX 1,300 ($16.93) target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 4.25% from the company’s current price.
A number of other research firms have also commented on TUI. Shore Capital reaffirmed a “buy” rating on shares of Tui AG in a research note on Thursday. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 1,350 ($17.58) price objective on shares of Tui AG in a research note on Friday, August 4th. Panmure Gordon reissued a “sell” rating on shares of Tui AG in a research note on Monday, May 15th. Barclays PLC reissued an “overweight” rating and issued a GBX 1,280 ($16.67) price target on shares of Tui AG in a research note on Friday, June 9th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,325 ($17.25) price target on shares of Tui AG in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,177.22 ($15.33).
Shares of Tui AG (TUI) opened at 1232.00 on Thursday. The stock’s market capitalization is GBX 7.35 billion. The company has a 50-day moving average of GBX 1,168.87 and a 200 day moving average of GBX 1,148.76. Tui AG has a one year low of GBX 934.38 and a one year high of GBX 1,262.00.
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About Tui AG
TUI AG is a Germany-based integrated tourism group. The Company operates through the following segments: Central Region, Western Region, Hotels and Resorts, Cruises and Other Tourism. The Central Region segment comprises the tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland.
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