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TUI: UBS still a seller with cost of living crisis

(CercleFinance.com) - UBS reinstates its "sell" rating on TUI shares, maintaining its target price at 155p, which suggests upside potential of 13% for the German travel group's shares, which are listed on the London Stock Exchange.


"Food and electricity inflation will bring a headwind of 4-17% to disposal incomes for 50% of UK households," the broker warns in its summary, seeing "Potential implications for the tour operator market".


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