Zacks Investment Research downgraded shares of Thomas Cook Group (OTCMKTS:TCKGY) from a buy rating to a hold rating in a research note published on Thursday morning.
According to Zacks, “Thomas Cook Group Plc provides leisure travel services. The Company owns, operates and manages travel agencies, tour operators and car hire agencies, as well as owning their own aircraft fleet, cruise ships and resort properties. Thomas Cook Group Plc is based in London, United Kingdom. “
Other equities research analysts have also recently issued research reports about the stock. Sanford C. Bernstein raised shares of Thomas Cook Group from an underperform rating to a market perform rating in a research note on Monday, February 12th. Numis Securities raised shares of Thomas Cook Group from a reduce rating to a buy rating in a research note on Tuesday, February 6th. Finally, Morgan Stanley raised shares of Thomas Cook Group from an equal weight rating to an overweight rating in a research note on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $3.75.
Shares of OTCMKTS TCKGY opened at $3.30 on Thursday. Thomas Cook Group has a 12 month low of $2.97 and a 12 month high of $3.34. The company has a debt-to-equity ratio of 4.15, a current ratio of 0.54 and a quick ratio of 0.53.
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Thomas Cook Group Company Profile
Thomas Cook Group plc provides leisure travel services in the United Kingdom, Continental Europe, Northern Europe, and Germany. It also owns, leases, manages, or franchises approximately 190 own-brand hotels in 16 countries under the Casa Cook, Sunwing, Sunprime, Sunconnect, Sentido, and Smartline brands, as well as various partner hotels.
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