TUI AG said it expects its summer 2023 travel season to be close to pre-pandemic levels even as the pace of growth tapers off amid higher inflation and rising interest rates.
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TUI is in the middle of a recovery and a resurgence compared to where it was during COVID-19. The positive momentum, normalizing 2022-2023 numbers to where they should be if we take away COVID is a must for the company to continue to grow.
TUI Stock 12 Months ForecastBased on 6 Wall Street analysts offering 12 month price targets for TUI AG in the last 3 months. The average price target is 669.85p with a high forecast of 844.50p and a low forecast of 568.75p. The average price target represents a 39.49% change from the last price of 480.20p.
ranked each provider from top to bottom depending on their overall score, which has seen holiday firms Jet2holidays and Kuoni come out on top in joint first of the best beach and resort package providers. On the other end of the list, eDreams has been ranked at the bottom whilst TUI's rating has dropped down.
Controversies. A 2018 study in the UK found that Tui had the largest gender pay gap reported to date by a major UK company, with its male employees paid more than twice what female employees are paid.
LONDON, Aug 9 (Reuters) - Tour group TUI (TUI1n.DE) reported its first post-pandemic net profit on Wednesday on the back of robust bookings and travel demand in the three months to the end of June, but said extreme weather and wildfires were set to impact its full-year earnings.