TUI AG 20.4% potential upside indicated by Berenberg Bank

TUI AG with ticker (LON:TUI) now has a potential upside of 20.4% according to Berenberg Bank.



Berenberg Bank set a target price of 750 GBX for the company, which when compared to the TUI AG share price of 623 GBX at opening today (11/04/2023) indicates a potential upside of 20.4%. Trading has ranged between 540 (52 week low) and 1,416 (52 week high) with an average of 568,026 shares exchanging hands daily. The market capitalisation at the time of writing is £3,457,634,899.

TUI AG is a Germany-based integrated tourism group. It operates through the different segments: Hotels & Resorts, Cruises, Destination Experiences, Markets & Airlines, divided into Northern Region, Central Region and Western Region, and All other segments. The Hotels & Resorts segment comprises all group-owned hotels and hotel shareholdings. The Cruises segment consists of Hapag-Lloyd Cruises, Marella Cruises and the joint venture TUI Cruises. The Destination Experiences segment comprises delivering services in the destinations. The Northern Region comprises the Group’s tour operators and airlines in the United Kingdom, Ireland, the Nordics, Canada and Russia. The Central Region consists of tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland. The Western Region segment comprises tour operators in Belgium, the Netherlands and France. All other segments takes care of business operations for new markets and central corporate and tourism functions.