Zacks Investment Research upgraded shares of TUI (OTCMKTS:TUIFY) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning, Zacks.com reports.
According to Zacks, “TUI AG provides tourism services. It offers booking of flights, private jet, hotel accommodation and other tourism services; hotel and apartment accommodation to wholesale customers. The company also provides tour operator services for student trips and language courses, travel experiences and adventures, charter yachts, and skiing and other sporting tours. TUI AG is headquartered in Hanover, Germany. “
Several other equities research analysts also recently issued reports on TUIFY. AlphaValue downgraded TUI to a reduce rating in a report on Friday, October 15th. HSBC initiated coverage on TUI in a research report on Monday, November 15th. They set a hold rating for the company. Barclays cut their target price on TUI from 230.00 to 200.00 and set an underweight rating on the stock in a research note on Friday, December 10th. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating on shares of TUI in a research note on Tuesday, November 16th. Finally, Morgan Stanley reissued an underweight rating on shares of TUI in a research note on Thursday, October 7th. Seven analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat, TUI has an average rating of Sell and a consensus price target of $101.25.
Shares of OTCMKTS:TUIFY opened at $1.34 on Wednesday. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 23.76. TUI has a one year low of $1.25 and a one year high of $5.05. The business’s 50-day simple moving average is $1.61 and its 200 day simple moving average is $2.10.
The firm also recently disclosed a dividend, which was paid on Friday, November 5th. Investors of record on Friday, October 29th were given a dividend of $0.2925 per share. The ex-dividend date of this dividend was Thursday, October 28th. This represents a dividend yield of 14.48%.
TUI Company Profile
TUI AG engages in the provision of tour, hotel and resort, and cruise services. It operates through the following segments: Northern Region, Central Region, Western Region, Hotels and Resorts, Cruises, and Other Tourism. The Northern Region segment includes tour operators, airlines, and cruise business in the UK, Ireland, and the Nordics.
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