Thomas Cook Group (TCKGY) Upgraded by Morgan Stanley to “Overweight”

Morgan Stanley upgraded shares of Thomas Cook Group (OTCMKTS:TCKGY) from an equal weight rating to an overweight rating in a report released on Monday.

A number of other analysts have also recently commented on the stock. Berenberg Bank cut shares of Thomas Cook Group from a hold rating to a sell rating in a research report on Thursday, November 30th. Zacks Investment Research cut shares of Thomas Cook Group from a hold rating to a sell rating in a research report on Tuesday, November 28th. Three equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $2.75.

Thomas Cook Group (OTCMKTS:TCKGY) remained flat at $$3.06 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 4.15. Thomas Cook Group has a 12 month low of $2.10 and a 12 month high of $3.34.

The business also recently announced a None dividend, which will be paid on Friday, April 20th. Investors of record on Friday, March 9th will be paid a $0.014 dividend. The ex-dividend date is Thursday, March 8th.

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About Thomas Cook Group

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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