J P Morgan Chase & Co Reiterates Overweight Rating for TUI (TUI)
TUI (LON:TUI)‘s stock had its “overweight” rating reissued by investment analysts at J P Morgan Chase & Co in a research note issued on Thursday. They currently have a GBX 1,345 ($18.10) target price on the stock. J P Morgan Chase & Co’s price objective would indicate a potential downside of 4.95% from the stock’s current price.
A number of other research analysts have also recently issued reports on TUI. Barclays reaffirmed an “overweight” rating and issued a GBX 1,480 ($19.92) price target (up from GBX 1,270 ($17.09)) on shares of TUI in a report on Tuesday, September 5th. Shore Capital reaffirmed a “buy” rating on shares of TUI in a report on Thursday, September 28th. HSBC initiated coverage on TUI in a report on Monday, November 20th. They issued a “buy” rating and a GBX 1,525 ($20.52) price target for the company. Finally, Deutsche Bank lifted their price target on TUI from GBX 1,350 ($18.17) to GBX 1,550 ($20.86) and gave the company a “buy” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. TUI presently has an average rating of “Buy” and an average price target of GBX 1,342.86 ($18.07).
TUI (TUI) opened at GBX 1,415 ($19.04) on Thursday. TUI has a twelve month low of GBX 934.38 ($12.58) and a twelve month high of GBX 1,404 ($18.90).
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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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