Booking Holdings (BKNG) Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Jed Kelly maintained a Hold rating on Booking Holdings (BKNG) today. The company’s shares closed last Wednesday at $2337.92, close to its 52-week high of $2516.00.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 10.6% and a 47.4% success rate. Kelly covers the Technology sector, focusing on stocks such as Rush Street Interactive, Spotify Technology SA, and DraftKings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Booking Holdings with a $2566.14 average price target, which is a 6.8% upside from current levels. In a report issued on April 27, BTIG also maintained a Hold rating on the stock.

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Booking Holdings’ market cap is currently $97.83B and has a P/E ratio of 1700.70. The company has a Price to Book ratio of 85.36.

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Founded in 1997 and based in Connecticut, Booking Holdings, Inc. provides an online platform for making travel and restaurant reservations. The company offers its services through the following brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.com, and OpenTable.

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