Zacks Investment Research Downgrades TUI (TUIFY) to Hold

TUI (OTCMKTS:TUIFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Saturday, January 20th. They presently have a $12.00 price target on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 6.76% from the company’s previous close.

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. “

TUI (OTCMKTS:TUIFY) opened at $11.24 on Friday. TUI has a one year low of $6.84 and a one year high of $11.75. The company has a current ratio of 0.66, a quick ratio of 0.64 and a debt-to-equity ratio of 0.50.

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About TUI

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates through Northern Region, Central Region, Western Region, Hotels and Resorts, Cruises, and Other Tourism segments. The company offers flight booking, hotel accommodation, and other tourism services; and incoming services for tour operators and other services to cruise industry.

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