In a report issued on June 23, Mario Lu from Barclays maintained a Sell rating on TripAdvisor (TRIP – Research Report), with a price target of $17.00. The company’s shares closed last Friday at $19.32, close to its 52-week low of $18.00.
According to TipRanks.com, Lu has 0 stars on 0-5 stars ranking scale with an average return of -15.2% and a 33.8% success rate. Lu covers the Technology sector, focusing on stocks such as Spotify Technology SA, Corsair Gaming, and Unity Software.
Currently, the analyst consensus on TripAdvisor is a Hold with an average price target of $27.63.
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TripAdvisor’s market cap is currently $2.7B and has a P/E ratio of -26.13.
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TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates through the following segments: Hotels, Media and Platform, and Experiences and Dining. The Hotels, Media and Platform segment provides contextually-relevant booking links to travel partners on websites. The Experiences and Dining segment provides information and services that allow consumers to research and book activities and attractions in popular travel destinations both through Viator, website and mobile apps. The company was founded by Nicholas Shanny and Stephen Kaufer in February 2000 and is headquartered in Needham, MA.
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