Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

TUI Q1 results: where next for the share price?

The Anglo-German travel and tourism operator will unveil its first quarter results next week, with Barclays Capital trimming its price target for the stock ahead of its earnings update.

TUI will unveil its Q1 results on Tuesday 11 February, with investors hoping the company can deliver a strong set of quarterly earnings and help the stock rebound from early losses it has suffered in 2020.

The travel and tourism operator has seen its share price tumble more than 17% since the start of the year, with the company’s shares being hit hard by the Chinese coronavirus. However, analysts from HSBC believe the sell-off is ‘overdone’.

HSBC also said that investors’ ‘should look past’ concerns regarding the impact grounded Boeing 737 Max planes will have on TUI’s performance.

Analysts from HSBC, therefore, have upgraded their rating for the stock from ‘hold’ to ‘buy’, with the bank stating that while its ‘shares have fallen circa 10% since the company reported its FY19 numbers… we believe this is overdone, especially given recent news from smaller, private operators commenting that booking momentum for 2020 is improving’.

All eyes on 737 Max’s return

TUI expects full-year 2020 underlying EBIT to be between €950 million - €1.05 billion, which includes an approximate €130 million cost impact from the 737 MAX grounding, assuming a scenario whereby the MAX returns to service by end of April 2020.

However, in the alternative scenario, where the ban on the 737 MAX is not lifted in time for a return to service by end of April 2020 and TUI must plan for a continued grounding for the remainder of the of this year, the group assumes a further cost of between approximately €220 million - €270 million.

Ready to start hedging? Open an account with IG today to get started.

Barclays trims TUI shares outlook

Analysts from Barclays Capital reiterated their ‘equal weight’ rating for TUI but trimmed their price target for the stock to 850p.

Based on the stock closing at 813p a share on Tuesday, analysts from Barclays Capital believe TUI has a potential upside of 4.5%.

Do you own TUI shares? You can hedge your downside risk with IG by trading CFDs and spread betting.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Act on share opportunities today

Go long or short on thousands of international stocks with spread bets and CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
liveprices.javascriptrequired
liveprices.javascriptrequired
liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.