Analyst Rating Update on TripAdvisor (TRIP)

TripAdvisor (TRIP) : 2 brokerage houses believe that TripAdvisor (TRIP) is a Strong Buy at current levels. 14 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on TripAdvisor (TRIP). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Hold with a rating of 2.94.

TripAdvisor (TRIP) : 13 investment research analysts covering TripAdvisor (TRIP) have an average price target of $68.31 for the near short term. The highest target price given by the Brokerage Firm to the stock is $95 and the lowest target is $44 for the short term. Analysts expect the variance to be within $12.51 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Raymond James upgrades its ratings on TripAdvisor (NASDAQ:TRIP). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on July 28, 2016.


TripAdvisor (NASDAQ:TRIP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.31 and $68.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.49, notching a gain of 0.12% for the day. The total traded volume was 3,670,738 . The stock had closed at $69.41 on the previous day.

TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.

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