Brokerage Firm Rating Update on Travelport Worldwide Limited (TVPT)

Travelport Worldwide Limited (TVPT) : Zacks Investment Research ranks Travelport Worldwide Limited (TVPT) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.29, which indicates as a Strong Buy.

Travelport Worldwide Limited (TVPT) : The most positive equity analysts on Travelport Worldwide Limited (TVPT) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $16.92 with an expected fluctuation of $2.01 from the mean.


For the current week, the company shares have a recommendation consensus of Buy.

Travelport Worldwide Limited (NYSE:TVPT): The stock opened at $14.09 and touched an intraday high of $14.23 on Wednesday. During the day, the stock corrected to an intraday low of $14.05, however, the bulls stepped in and pushed the price higher to close in the green at $14.22 with a gain of 0.85% for the day. The total traded volume for the day was 473,689. The stock had closed at $14.1 in the previous trading session.

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment and other solutions. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform. It provides air distribution services to approximately 400 airlines around the world, including approximately 100 low cost carriers (LCCs). It distributes ancillaries for 25 airlines. In addition, it serves various Beyond Air travel providers, including over 650,000 hotel properties (of which over 550,000 are independent hotel properties), over 35,000 car rental locations and 61 cruise-line and tour operators. Its travel commerce platform, Air, provides real-time search, pricing, booking, change, payment and itinerary creation for travelers who use the services of online and offline travel agencies for both leisure and business travel.

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