The JPMorgan Chase & Co. Boosts TUI AG (TUI) Price Target to GBX 1,305

The JPMorgan Chase & Co. Boosts TUI AG (TUI) Price Target to GBX 1,305

TUI AG (LON:TUI) had its price target hoisted by JPMorgan Chase & Co. from GBX 1,170 ($14.12) to GBX 1,305 ($15.74) in a report published on Wednesday. They currently have an overweight rating on the stock.

TUI has been the subject of several other reports. Morgan Stanley lowered TUI AG to an equal weight rating and reduced their price objective for the company from GBX 1,200 ($14.48) to GBX 1,100 ($13.27) in a report on Thursday, November 17th. Credit Suisse Group AG lowered TUI AG to an underperform rating and set a GBX 1,040 ($12.55) price objective for the company. in a report on Wednesday, January 11th. Finally, Barclays PLC reduced their price objective on TUI AG from GBX 1,230 ($14.84) to GBX 1,170 ($14.12) and set an overweight rating for the company in a report on Friday, December 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of GBX 1,195 ($14.42).

TUI AG (LON:TUI) opened at 1131.9701 on Wednesday. TUI AG has a 12-month low of GBX 813.00 and a 12-month high of GBX 1,237.00. The stock’s 50 day moving average price is GBX 1,120.08 and its 200-day moving average price is GBX 1,050.40. The firm’s market cap is GBX 6.65 billion.

TUI AG Company Profile

TUI AG is a Germany-based company that, through its subsidiaries, is engaged in providing fully-integrated tourism services. The Company’s core activities involve the sale of flight and cruise tickets, tours and hotel accommodation as individual components or packaged tours, to wholesale customers, such as travel agencies, tour operators, as well as individual customers, through Internet portals and its operator brands, such as TUI and Thomson.

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