What Made Imperial Capital Downgrade Travelport’s Stock?


Travelport (TVPT) received a Hold rating and a $15.75 price target from Imperial Capital analyst Adam Hackel today. The company’s shares opened today at $15.63.

Hackel commented:

“We are lowering our FY19 EPS estimate to $1.25 from $1.45 on TVPT’s new FY19 guidance.”

According to TipRanks.com, Hackel is ranked #3759 out of 5108 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Travelport with a $16.19 average price target.

See today’s analyst top recommended stocks >>

Travelport’s market cap is currently $1.95B and has a P/E ratio of 16.56. The company has a Price to Book ratio of -13.09.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts