3) TUI Group (TUI)

Will shares break out above 1285p (+19%) or pull back towards Brexit lows of 813p (-25%)?
- Post-Brexit uptrend and recently made 7-month highs
- Zero ‘sell’ ratings by brokers; even the lowest broker target suggests 5% upside
- Potential support at 1050p thanks to 200 day moving average
Broker Consensus: 83% Buy, 17% Hold, 0% Sell
Bullish: Kepler Cheuvreux, Outperform, Target 1590p, +47% (27 Sept)
Average Target: 1287p, +19% (29 Sept)
Bearish: Stifel, Buy, Target 1130p, +5% (30 June)
N.B. All pricing and consensus data was sourced from Bloomberg on 30 Sept. Recommendations and target prices are revised regularly due to heightened market volatility. Please contact us for a full, up to date rundown.
