SunTrust Robinson Remains a Buy on TripAdvisor (TRIP)

SunTrust Robinson analyst Naved Khan maintained a Buy rating on TripAdvisor (TRIP) today and set a price target of $37.00. The company’s shares closed last Monday at $22.00, close to its 52-week low of $20.80.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 11.3% and a 58.3% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, TrueCar, and GoDaddy.

Currently, the analyst consensus on TripAdvisor is a Moderate Buy with an average price target of $33.69, which is a 61.0% upside from current levels. In a report issued on February 23, Ascendiant also maintained a Buy rating on the stock with a $35.00 price target.

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The company has a one-year high of $56.60 and a one-year low of $20.80. Currently, TripAdvisor has an average volume of 3.13M.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TRIP 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.

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.