TripAdvisor Stock Rating Lowered by Stifel Nicolaus (TRIP)

Share on StockTwits

Stifel Nicolaus downgraded shares of TripAdvisor (NASDAQ: TRIP) from a buy rating to a hold rating in a report issued on Monday, TheFlyOnTheWall.com reports. They currently have $58.00 target price on the stock. The analysts noted that the move was a valuation call.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a buy rating on shares of TripAdvisor in a research note to investors on Monday, May 20th. They now have a $68.00 price target on the stock, up previously from $60.00. Separately, analysts at S&P Equity Research raised their price target on shares of TripAdvisor from $50.00 to $58.00 in a research note to investors on Thursday, May 9th. They now have a hold rating on the stock. Finally, analysts at Macquarie raised their price target on shares of TripAdvisor from $46.00 to $60.00 in a research note to investors on Wednesday, May 8th. They now have an outperform rating on the stock.

One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the company’s stock. TripAdvisor currently has a consensus rating of Hold and an average price target of $54.43.

Shares of TripAdvisor (NASDAQ: TRIP) traded down 1.05% during mid-day trading on Monday, hitting $61.54. TripAdvisor has a one year low of $28.63 and a one year high of $54.14. The stock’s 50-day moving average is currently $51.2. The company has a market cap of $8.823 billion and a P/E ratio of 42.86.

TripAdvisor, Inc. (NASDAQ: TRIP) is an online travel research company, enabling users to plan and have a trip.

The Fly On The Wall

Latest News

Advertising Revenue at Facebook Surges
Advertising Revenue at Facebook Surges
Lloyds Bank Cutting 9,000 Jobs and Closing Branches
Lloyds Bank Cutting 9,000 Jobs and Closing Branches
Goldman Sachs Cuts Forecast for Oil Price in 2015
Goldman Sachs Cuts Forecast for Oil Price in 2015
Eli Lilly Earnings Meet Expectations
Eli Lilly Earnings Meet Expectations
Microsoft Sales Pass Street Estimates
Microsoft Sales Pass Street Estimates
Unilever Sales Growth Slowest in Five Years
Unilever Sales Growth Slowest in Five Years


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.