Barclays Maintains a Hold Rating on TripAdvisor Inc

Barclays analyst Deepak Mathivanan maintained a Hold rating on TripAdvisor Inc (NASDAQ: TRIP) yesterday and set a price target of $49. The company’s shares closed yesterday at $48.51, close to its 52-week high of $49.42.

According to TipRanks.com, Mathivanan is a 4-star analyst with an average return of 18.8% and a 72.0% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Webcom Group, and Wix.com Ltd.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $43.25, representing a -10.8% downside.

In a report issued on May 8, Deutsche Bank also maintained a Hold rating on the stock with a $41 price target.

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The company has a one-year high of $49.42 and a one-year low of $29.50. Currently, TripAdvisor Inc has an average volume of 2.87M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.

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TripAdvisor, Inc. owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.