Breaking: Thomas Cook Group (LON:TCG) “Sell” Rating Has Been Reiterated by equity analysts Goldman Sachs Today; The Price Target is GBX 104.00

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Thomas Cook Group (LON:TCG) Rating Reaffirmed

Recently, In a note revealed to investors on Friday, 4 December, Thomas Cook Group (LON:TCG) shares have had their “Sell” Rating kept steady by stock research analysts at Goldman Sachs, who currently has a GBX 104.00 PT on company. This target by Goldman Sachs would indicate the possibile downside of -12.38% from the closing share price.

From a total of 12 analysts covering Thomas Cook Group PLC (LON:TCG) stock, 7 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is GBX 165 while the lowest target price is GBX 100. The mean of all analyst targets is GBX 123.08 with a 4.36% above today’s (GBX 119.3) stock price. Thomas Cook Group PLC was the topic of 35 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Add” rating. Numis Securities maintained shares with “Hold” rating and GBX 105 target share price in a report from a November 25. JP Morgan maintained TCG stock in a recent report from November 26 with “Overweight” rating. Credit Suisse maintained the rating on November 25. Credit Suisse has a “Outperform” rating and a GBX 135 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 26.

Approximately 2.20 million shares of stock traded hands. Thomas Cook Group plc (LON:TCG) has declined 19.88% since May 7, 2015 and is downtrending. It has underperformed by 17.10% the S&P500.

Breaking: Thomas Cook Group (LON:TCG)

Thomas Cook Group plc is a United Kingdom leisure travel company. The company has a market cap of 1.83 billion GBP. The Firm operates in 14 source markets across Europe through its various brands, including Thomas Cook, Neckermann, Condor, JetTours, Ving, Spies and Tjareborg. It has 226.81 P/E ratio. The Firm operates its business through four business divisions: United Kingdom and Ireland, Airlines Germany, Continental Europe and Northern Europe.

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