Aurelius and TUI May Move: German Equity Market Preview
The following is a list of companies whose shares may have unusual price changes in Germany. Stock symbols are in parentheses and prices are from the last close.
The benchmark DAX Index fell 0.1 percent to 7,278.19.
Aurelius AG (AR4) (AR4 GY): The investment company was rated “buy” in new coverage at Berenberg Bank by equity analyst Gunnar Cohrs. The 12-month target price is 39 euros ($56) per share. The stock lost 2.1 percent to 28.10 euros.
TUI AG (TUI1) (TUI1 GY): The tour operator’s chief executive officer, Michael Frenzel, is likely to win renewal of his term, Financial Times Deutschland reported, citing unidentified people close to the company. The supervisory board will decide the issue at an extraordinary meeting scheduled for June 27, the newspaper said. TUI shares fell 0.9 percent to 7.61 euros.
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