TripAdvisor (TRIP) Receives a Hold from Oppenheimer


Oppenheimer analyst Jed Kelly maintained a Hold rating on TripAdvisor (TRIP) yesterday. The company’s shares closed last Monday at $21.17.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 11.3% and a 51.4% success rate. Kelly covers the Technology sector, focusing on stocks such as Paypal Holdings, Black Knight, and Corelogic.

The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $22.42 average price target, representing a 5.2% upside. In a report issued on July 27, Credit Suisse also maintained a Hold rating on the stock with a $25.00 price target.

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TripAdvisor’s market cap is currently $2.83B and has a P/E ratio of 35.70. The company has a Price to Book ratio of 28.31.

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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.

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