In a report released today, Naved Khan from SunTrust Robinson maintained a Buy rating on Expedia (EXPE), with a price target of $140.00. The company’s shares closed last Monday at $49.07, close to its 52-week low of $40.76.
According to TipRanks.com, Khan is a 3-star analyst with an average return of 0.7% and a 51.2% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, TrueCar, and GoDaddy.
Currently, the analyst consensus on Expedia is a Moderate Buy with an average price target of $126.79, implying a 157.7% upside from current levels. In a report issued on March 9, Barclays also maintained a Buy rating on the stock with a $122.00 price target.
See today’s analyst top recommended stocks >>
Based on Expedia’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.75 billion and net profit of $76 million. In comparison, last year the company earned revenue of $2.56 billion and had a net profit of $17 million.
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.
