Is Buying Thomas Cook Group plc Here a Winning Strategy?

 Is Buying Thomas Cook Group plc Here a Winning Strategy?

The stock of Thomas Cook Group plc (LON:TCG) is a huge mover today! The stock increased 2.82% or GBX 2.23 on November 24, hitting GBX 81.23. About 17.54 million shares traded hands or 272.40% up from the average. Thomas Cook Group plc (LON:TCG) has declined 14.04% since April 27, 2016 and is downtrending. It has underperformed by 19.45% the S&P500.
The move comes after 7 months positive chart setup for the GBX 1.25B company. It was reported on Nov, 24 by Barchart.com. We have GBX 86.92 PT which if reached, will make LON:TCG worth GBX 87.50M more.

Thomas Cook Group plc (LON:TCG) Ratings Coverage

Out of 16 analysts covering Thomas Cook Group PLC (LON:TCG), 7 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 44% are positive. Thomas Cook Group PLC has been the topic of 77 analyst reports since July 27, 2015 according to StockzIntelligence Inc. J.P. Morgan maintained Thomas Cook Group plc (LON:TCG) rating on Friday, February 5. J.P. Morgan has “Overweight” rating and GBX 170 price target. The firm earned “Equalwt/In-Line” rating on Thursday, February 11 by Morgan Stanley. Numis Securities maintained Thomas Cook Group plc (LON:TCG) on Thursday, May 19 with “Hold” rating. The stock of Thomas Cook Group plc (LON:TCG) earned “Neutral” rating by Citigroup on Monday, September 7. Nomura maintained the stock with “Neutral” rating in Friday, July 31 report. The firm earned “Overweight” rating on Thursday, January 14 by JP Morgan. The firm earned “Buy” rating on Thursday, November 26 by Natixis. As per Monday, November 23, the company rating was maintained by Nomura. On Wednesday, August 5 the stock rating was downgraded by Berenberg to “Sell”. On Friday, July 31 the stock rating was maintained by Barclays Capital with “Equal Weight”.

More important recent Thomas Cook Group plc (LON:TCG) news were published by: Bloomberg.com which released: “Thomas Cook Lowers Profit Forecast as Attacks Sap Travel Demand” on July 28, 2016, also Moodys.com published article titled: “Moody’s assigns first-time B1 rating to Thomas Cook Group Plc; stable outlook”, Uk.Finance.Yahoo.com published: “Thomas Cook Group plc (TCG.L)” on March 29, 2014. More interesting news about Thomas Cook Group plc (LON:TCG) was released by: Fool.Co.Uk and their article: “Will Thomas Cook Group plc outperform easyJet plc and International …” with publication date: September 27, 2016.

Thomas Cook Group plc is a United Kingdom leisure travel group. The company has a market cap of 1.25 billion GBP. The Firm operates through four divisions: UK, Continental Europe, Northern Europe and Airlines Germany. It has a 21.68 P/E ratio. The Firm offer its services in supplying of hotel beds and airline seats, production and marketing of travel packages, components and ancillaries, omni-channel distribution, customer value and shareholder value.

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