Expedia (EXPE) Receives Price Target

Expedia (EXPE) stock is expected to deviate a maximum of $18.65 from the average target price of $138.87 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $175 and the most muted being $99.

Expedia (EXPE) : Zacks Investment Research ranks Expedia (EXPE) as 3, which is a Hold recommendation. 10 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.73, which indicates as a Buy.


Also, Barclays maintains their rating on the shares of Expedia (NASDAQ:EXPE). The current rating of the shares is Overweight. Equity Analysts at the Firm raises the price target to $130 per share from $120 per share. The rating by the firm was issued on July 29, 2016.

Expedia (NASDAQ:EXPE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $109.86 and $109.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $113.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $113.13, notching a gain of 3.67% for the day. The total traded volume was 3,200,351 . The stock had closed at $109.12 on the previous day.

Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.

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