Zacks Rating on MakeMyTrip Limited (MMYT)

MakeMyTrip Limited (MMYT) has an average broker rating of 1.63, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

MakeMyTrip Limited (MMYT) stock is expected to deviate a maximum of $1.96 from the average target price of $18.17 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $20 and the most muted being $16.


MakeMyTrip Limited has dropped 1.12% in the last five trading days, however, the shares have posted positive gains of 17.47% in the last 4 weeks. MakeMyTrip Limited is up 22.83% in the last 3-month period. Year-to-Date the stock performance stands at 12.88%. MakeMyTrip Limited (NASDAQ:MMYT): stock turned positive on Tuesday. Though the stock opened at $18.97, the bulls momentum made the stock top out at $19.47 level for the day. The stock recorded a low of $17.71 and closed the trading day at $19.37, in the green by 1.89%. The total traded volume for the day was 68,702. The stock had closed at $19.01 in the previous days trading.

MakeMyTrip Limited is an online travel company in India. The Company conducts its business principally through its Indian subsidiary, MakeMyTrip (India) Private Limited (MMT India). Through its primary Website,, or, its subsidiaries websites, such as,,, and other technology-enhanced distribution channels in India, including its call centers, travel stores and travel agents network, travelers can research, plan and book a wide range of travel services and products in India, as well as overseas. Its services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to travel insurance.

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