TUI’s (TUI) “Overweight” Rating Reaffirmed at Morgan Stanley

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TUI (LON:TUI)‘s stock had its “overweight” rating reiterated by investment analysts at Morgan Stanley in a research report issued to clients and investors on Tuesday, LSE.Co.UK reports. They presently have a GBX 1,150 ($15.03) price objective on the stock. Morgan Stanley’s price objective points to a potential upside of 35.49% from the stock’s current price.

Several other equities analysts have also recently weighed in on the company. Citigroup upgraded TUI to a “buy” rating and raised their price objective for the company from GBX 1,250 ($16.33) to GBX 1,550 ($20.25) in a report on Monday, February 4th. UBS Group restated a “sell” rating on shares of TUI in a report on Thursday, February 7th. Barclays cut TUI to an “equal weight” rating in a report on Friday, February 8th. Finally, Shore Capital restated a “buy” rating on shares of TUI in a report on Thursday, February 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. TUI has an average rating of “Hold” and an average price target of GBX 1,433.33 ($18.73).

TUI stock opened at GBX 848.80 ($11.09) on Tuesday. The stock has a market cap of $4.93 billion and a price-to-earnings ratio of 5.85. The company has a debt-to-equity ratio of 71.79, a current ratio of 0.56 and a quick ratio of 0.34. TUI has a 1 year low of GBX 686.60 ($8.97) and a 1 year high of GBX 1,816 ($23.73).

In related news, insider Friedrich Joussen acquired 100,000 shares of the firm’s stock in a transaction dated Thursday, February 14th. The stock was bought at an average price of GBX 934 ($12.20) per share, for a total transaction of £934,000 ($1,220,436.43).

TUI Company Profile

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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Analyst Recommendations for TUI (LON:TUI)

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