TripAdvisor (TRIP) Receives a Hold from Stifel Nicolaus


Stifel Nicolaus analyst Logan Thomas maintained a Hold rating on TripAdvisor (TRIP) today and set a price target of $22.00. The company’s shares closed last Friday at $19.98.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TripAdvisor with a $25.15 average price target, representing a 23.6% upside. In a report issued on November 2, RBC Capital also maintained a Hold rating on the stock with a $24.00 price target.

See today’s analyst top recommended stocks >>

Based on TripAdvisor’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $59 million and GAAP net loss of $153 million. In comparison, last year the company earned revenue of $422 million and had a net profit of $34 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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts