In a report released yesterday, Mark Mahaney from RBC Capital reiterated a Buy rating on Booking Holdings Inc (NASDAQ: BKNG), with a price target of $2250. The company’s shares closed yesterday at $1942.39.
According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 25.7% and a 73.6% success rate. Mahaney covers the Technology sector, focusing on stocks such as Alphabet Inc, Wix.com Ltd, and Facebook.
Currently, the analyst consensus on Booking Holdings Inc is a Strong Buy with an average price target of $2305, which is a 18.7% upside from current levels. In a report issued on August 5, Oppenheimer also assigned a Buy rating to the stock with a $2500 price target.
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Booking Holdings Inc’s market cap is currently $93.72B and has a P/E ratio of 39.04. The company has a Price to Book ratio of 8.81.
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Booking Holdings, Inc. is an online travel company, which provides travel and related services. It offers accommodation reservations including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties. The company provides services through Booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable brands.
