Deutsche Bank Aktiengesellschaft lowers its TUI (LON:TUI) price target to GBX 156
TUI (LON:TUI – Get an assessment) had its target price reduced by Deutsche Bank Aktiengesellschaft research analysts from 285 GBX ($3.44) to 156 GBX ($1.88) in a note to investors released on Friday, MarketBeat Ratings reports. The brokerage currently has a “holding” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 1.13% from the stock’s previous close.
Several other brokerages have also recently commented on TUI. UBS Group set a target price of 155 GBX ($1.87) on TUI in a research report on Wednesday, May 18. Citigroup reworded a “sell” rating and set a GBX 185 ($2.24) price target on TUI shares in a Wednesday, May 18 research report. Finally, Barclays reiterated an “underweight” rating and issued a target price of GBX 125 ($1.51) on TUI shares in a report on Thursday. Four analysts rated the stock with a sell rating and one assigned the company a hold rating. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of 165.14 GBX ($2.00).
TUI stock up 3.9%
Shares of LON:TUI opened at 154.25 GBX ($1.86) on Friday. The company has a 50-day simple moving average of 144.37 GBX and a 200-day simple moving average of 202.34 GBX. TUI has a 52-week minimum of 120.55 GBX ($1.46) and a 52-week maximum of 356.40 GBX ($4.31). The company has a debt ratio of 2,572.67, a quick ratio of 0.31 and a current ratio of 0.43. The company has a market capitalization of £2.50 billion and a PE ratio of -1.38.
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TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Robinson, Riu, TUI Blue, Blue Diamond, TUI Suneo and TUI Magic Life brands. The Company is also involved in the business of tour operators and airlines. Additionally, it operates cruise liners.
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