Wells Fargo Sticks to Their Hold Rating for Expedia (EXPE)


In a report released today, Brian Fitzgerald from Wells Fargo maintained a Hold rating on Expedia (EXPE). The company’s shares closed last Monday at $53.19, close to its 52-week low of $40.76.

According to TipRanks.com, Fitzgerald is a top 25 analyst with an average return of 28.1% and a 74.2% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Uber Technologies, and Match Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Expedia with a $126.79 average price target.

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Expedia’s market cap is currently $6.83B and has a P/E ratio of 13.04. The company has a Price to Book ratio of 1.75.

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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.

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