In a report released yesterday, Jed Kelly from Oppenheimer assigned a Hold rating to TripAdvisor (TRIP). The company’s shares closed last Thursday at $51.69, close to its 52-week high of $54.96.
According to TipRanks.com, Kelly is a 4-star analyst with an average return of 12.9% and a 50.4% success rate. Kelly covers the Technology sector, focusing on stocks such as Rush Street Interactive, DraftKings, and EverQuote.
TripAdvisor has an analyst consensus of Hold, with a price target consensus of $40.20, implying a -26.4% downside from current levels. In a report issued on February 18, Deutsche Bank also maintained a Hold rating on the stock with a $38.00 price target.
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The company has a one-year high of $54.96 and a one-year low of $13.73. Currently, TripAdvisor has an average volume of 3.25M.
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TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates through the following segments: Hotels, Media and Platform, and Experiences and Dining. The Hotels, Media and Platform segment provides contextually-relevant booking links to travel partners on websites. The Experiences and Dining segment provides information and services that allow consumers to research and book activities and attractions in popular travel destinations both through Viator, website and mobile apps. The company was founded by Nicholas Shanny and Stephen Kaufer in February 2000 and is headquartered in Needham, MA.
