NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has upgraded its rating for Tui to "Hold" with a target price of 7 euros after the quarterly figures. Sales and operating earnings (adjusted EBIT) were better than expected by the market, analyst Jaina Mistry wrote in an initial reaction on Tuesday. In addition, the current winter business and the bookings for the summer season of the tourism group are encouraging. Despite the operational progress and the historically comparatively low valuation, she still sees some risks for Tui and therefore prefers other stocks in the industry, such as the shares of the British low-cost airline Jet2.

Publication of the original study: 13.02.2024 / 01:52 / ET

First distribution of the original study: 13.02.2024 / 01:52 / ET

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