Tripadvisor (NASDAQ:TRIP – Get Rating) had its price target lowered by stock analysts at Credit Suisse Group to $28.00 in a research report issued on Tuesday, Stock Target Advisor reports. Credit Suisse Group’s price target would suggest a potential upside of 37.66% from the company’s current price.
Several other equities research analysts also recently issued reports on the company. Ascendiant Capital Markets cut their price target on Tripadvisor to $35.00 in a report on Thursday, September 15th. Barclays cut their price target on Tripadvisor from $22.00 to $18.00 and set an “underweight” rating for the company in a report on Wednesday, November 9th. Wells Fargo & Company cut their price target on Tripadvisor from $30.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, November 9th. StockNews.com downgraded Tripadvisor from a “buy” rating to a “hold” rating in a report on Friday, November 11th. Finally, Citigroup cut their price target on Tripadvisor from $27.00 to $22.00 and set a “neutral” rating for the company in a report on Wednesday, November 9th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $24.64.
Tripadvisor Price Performance
NASDAQ:TRIP opened at $20.34 on Tuesday. Tripadvisor has a 1-year low of $16.87 and a 1-year high of $30.91. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 1.10. The firm has a fifty day simple moving average of $23.15 and a 200 day simple moving average of $22.51. The stock has a market capitalization of $2.86 billion, a PE ratio of -290.57, a P/E/G ratio of 6.13 and a beta of 1.29.
Institutional Inflows and Outflows
TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining. The company operates TripAdvisor-branded websites, including tripadvisor.com in the United States; and localized versions of the website in 40 markets and 20 languages.
- Get a free copy of the StockNews.com research report on Tripadvisor (TRIP)
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