In a report released today, Adam Hackel from Imperial Capital maintained a Buy rating on Travelport (NYSE: TVPT), with a price target of $20. The company’s shares closed yesterday at $14.15.
Hackel said:
“We are maintaining our Outperform rating on TVPT shares, while lowering our one-year price target to $20 from $25, about 41% above the recent share price. We are lowering our 3Q18 EPS estimate to $0.24 from $0.31, maintaining our FY18 estimate of $1.40, and lowering our FY19 EPS estimate to $1.45 from $1.60.”
According to TipRanks.com, Hackel is ranked #4212 out of 4908 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Travelport with a $25 average price target.
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Travelport’s market cap is currently $1.78B and has a P/E ratio of 15.22. The company has a Price to Book ratio of -12.27.
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Travelport Worldwide Ltd. engages in the management of travel commerce platform which provides travel and tourism services. It operates through the Travelport and eNett segments. It offers distribution, technology, payment, mobile, and other solutions for the travel and tourism industry.
