Thomas Cook must start producing consistently strong financial results instead of headlines in the next few months, according to analysts in the City.
The shock departure of Cook chief executive Harriet Green (pictured) last week sent the company’s share price tumbling by more than 20%, but these losses had largely been recovered as TTG went to press.
Several brokers including Barclays Capital, Credit Suisse and Berenberg Bank downgraded Cook’s stock in the wake of Peter Fankhauser taking over from Green with immediate effect.
