Morgan Stanley analyst Brian Nowak maintained a Hold rating on Expedia (EXPE) today and set a price target of $80.00. The company’s shares closed last Friday at $82.60.
According to TipRanks.com, Nowak is a 5-star analyst with an average return of 12.0% and a 68.9% success rate. Nowak covers the Technology sector, focusing on stocks such as Uber Technologies, Zillow Group, and Criteo SA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Expedia with a $94.04 average price target, a 12.6% upside from current levels. In a report issued on July 31, Oppenheimer also maintained a Hold rating on the stock.
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The company has a one-year high of $139.88 and a one-year low of $40.76. Currently, Expedia has an average volume of 4.15M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EXPE in relation to earlier this year.
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.
Expedia Group, Inc. is an online travel company, which engages in the provision of travel products and services to leisure and corporate travellers. It operates through the following business segments: Core Online Travel Agency(OTA), Trivago, Vrbo, and Egencia. The Core OTA segment offers full range of travel and advertising services to worldwide customers through a variety of brands including: Expedia.com and Hotels.com. The Trivago segment involves in sending referrals to online travel companies and travel service providers from its hotel metasearch websites. The Vrbo segment operates an online marketplace for the alternative accommodations industry. The Egencia segment manages travel services to corporate customers worldwide. The company was founded in 1994 and is headquartered in Seattle, WA.
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