TUI (LON:TUI) Downgraded by HSBC to “Hold”
HSBC cut shares of TUI (LON:TUI) to a hold rating in a research report released on Friday, ThisIsMoney.Co.Uk reports.
A number of other research analysts also recently issued reports on the company. Goldman Sachs Group assumed coverage on TUI in a report on Friday, January 17th. They issued a sell rating on the stock. Shore Capital reiterated a buy rating on shares of TUI in a report on Monday, February 10th. Barclays reiterated an equal weight rating on shares of TUI in a report on Friday, February 21st. BNP Paribas downgraded TUI to a neutral rating in a report on Friday, November 29th. Finally, UBS Group reiterated a neutral rating on shares of TUI in a report on Tuesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 1,016.43 ($13.37).
TUI traded down GBX 4.20 ($0.06) during trading on Friday, hitting GBX 333.90 ($4.39). 13,307,197 shares of the stock were exchanged, compared to its average volume of 1,400,000. TUI has a 1 year low of GBX 370.42 ($4.87) and a 1 year high of GBX 1,090 ($14.34). The firm has a 50 day simple moving average of GBX 672.39 and a 200 day simple moving average of GBX 886.63. The firm has a market cap of $1.96 billion and a price-to-earnings ratio of 2.30. The company has a debt-to-equity ratio of 152.71, a quick ratio of 0.27 and a current ratio of 0.48.
TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Robinson, Riu, TUI Blue, and TUI Magic Life brands, as well as involved in the tour operation and airlines businesses. The company also operates cruise liners; and provides incoming agency services.
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