Shares of TUI AG (LON:TUI – Get Rating) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 667.13 ($8.19) and traded as high as GBX 1,446.50 ($17.76). TUI shares last traded at GBX 1,410 ($17.32), with a volume of 129,474 shares changing […]
TUI (LON:TUI – Get Rating)‘s stock had its “underweight” rating reiterated by analysts at Barclays in a report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 125 ($1.51) price target on the stock. Barclays‘s target price indicates a potential downside of 18.96% from the company’s current price. Other research analysts have also […]
TUI (LON:TUI – Get Rating)‘s stock had its “sell” rating restated by equities research analysts at Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 180 ($2.36) price target on the stock. Berenberg Bank’s price target points to a potential downside of 25.56% from the […]
12 May 2021 | 08:41am
StockMarketWire.com - UK stocks opened higher on Wednesday, recouping a portion of Tuesday s heavy losses, as local companies continued to release upbeat earnings updates as lockdowns ease.
At 0830, the benchmark FTSE 100 index was up 38.72 points, or 0.6%, at 6,986.71.
Sentiment also was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop.
Alcoholic drinks maker Diageo gained 3.1% to £32.875, on announcing that it would initiate the second phase of £4.5 billion capital return program, but extend its duration by two years to 30 June 2024.
The welcome move came as Diageo forecast organic operating profit growth to be at least 14% in its current financial year, slightly ahead of organic net sales growth.