Jefferies Analyst Sees Light and Shadow for Tui After Quarterly Statements

The tourism industry is breathing a sigh of relief, as the travel giant Tui presents itself in the current quarterly statement with positive figures—a glimmer of hope for the pandemic-stricken travel industry. Experts at the analysis firm Jefferies show cautious optimism in an initial assessment: Despite good sales and earnings figures, which exceed market expectations, the verdict for Tui's stock remains soberly set at "Hold," with a cautious target price of 7 euros. Jaina Mistry, an analyst at Jefferies, points out that the results of the tourism company represent an encouraging signal—both regarding the ongoing winter business and the reservations for the upcoming summer season. Yet, despite the noticeable operational upswing and the relatively low historical value of Tui's stock, Mistry advises caution. According to her assessment, the industry picture also shows risks that dampen overall optimism. In her outlook, the expert does not speak exclusively for Tui. Rather, she emphasizes that within the sector, other securities, such as those of Jet2, correspond to her investment favorites. The British budget airline seems to enjoy considerably more investor confidence and could thus represent a more attractive option for risk-conscious investors.