Tui AG’s (LON:TUI) Buy Rating Reiterated at Berenberg Bank

Tui AG (LON:TUI)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday. They currently have a GBX 1,300 ($16.93) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 5.61% from the stock’s current price.

Several other brokerages have also recently weighed in on TUI. Credit Suisse Group reissued an “underperform” rating and issued a GBX 1,040 ($13.54) price objective on shares of Tui AG in a research note on Wednesday, April 19th. Shore Capital reissued a “buy” rating on shares of Tui AG in a research note on Monday, May 15th. Panmure Gordon reissued a “sell” rating on shares of Tui AG in a research note on Monday, May 15th. Barclays PLC boosted their price objective on shares of Tui AG from GBX 1,240 ($16.15) to GBX 1,280 ($16.67) and gave the stock an “overweight” rating in a research note on Tuesday, May 16th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,325 ($17.25) price objective on shares of Tui AG in a research note on Tuesday, May 16th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,179.44 ($15.36).

Tui AG (LON TUI) opened at 1231.00 on Thursday. The firm’s market cap is GBX 7.34 billion. Tui AG has a 1-year low of GBX 913.76 and a 1-year high of GBX 1,262.00. The stock has a 50 day moving average price of GBX 1,175.14 and a 200-day moving average price of GBX 1,150.04.

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About Tui AG

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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