TUI AG/ADR (OTCMKTS:TUIFY) Upgraded at Commerzbank

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TUI AG/ADR (OTCMKTS:TUIFY) was upgraded by equities researchers at Commerzbank from a “hold” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

TUIFY has been the subject of several other research reports. Berenberg Bank downgraded TUI AG/ADR from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Goldman Sachs Group started coverage on TUI AG/ADR in a research note on Thursday, January 16th. They set a “sell” rating for the company. Finally, Sanford C. Bernstein downgraded TUI AG/ADR from an “outperform” rating to a “market perform” rating in a research note on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold”.

TUIFY stock opened at $5.81 on Thursday. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 9.23 and a beta of 0.86. TUI AG/ADR has a fifty-two week low of $4.39 and a fifty-two week high of $6.96. The stock has a fifty day moving average of $5.77 and a 200-day moving average of $5.83.

TUI AG/ADR 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.

See Also: Why does a company issue an IPO?

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