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

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

Photo leaked on Internet Shows Blackberry Operated by Android
Photo leaked on Internet Shows Blackberry Operated by Android
Xiaomi Sales of Smartphones Not So Disappointing
Xiaomi Sales of Smartphones Not So Disappointing
Celgene Investing $1 Billion in Juno Therapeutics
Celgene Investing $1 Billion in Juno Therapeutics
Greece Considering Capital Controls and Bank Closures
Greece Considering Capital Controls and Bank Closures
Nike Earnings Run Past Estimates
Nike Earnings Run Past Estimates
Ikea Raising Minimum Wage for U.S. Workers
Ikea Raising Minimum Wage for U.S. Workers


Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.