Tripadvisor, Inc. (NASDAQ:TRIP) Given Consensus Recommendation of “Hold” by Brokerages
From MarketBeat:
The Tripadvisor company has been rated by sixteen research firms with mixed opinions: three sell ratings, seven hold ratings, and six buy ratings. The average twelve-month target price from analysts is $21.61. Some brokerages have upgraded Tripadvisor’s rating and boosted its price target, while several large investors have bought and sold shares of the company. Tripadvisor’s stock has been up by 3.8%. Tripadvisor’s current stock price is $21.04 with a market capitalization of $2.91 billion, and the company had a positive return on equity of 8.64% and a negative net margin of 1.43%. On average, analysts anticipate the company will post $0.48 earnings per share for the current fiscal year. Tripadvisor operates as an online travel company offering travel guidance products and services worldwide and is divided into three segments: Tripadvisor Core, Viator, and TheFork.
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Overall, the main points from the news article are summarized in a concise manner, providing a snapshot of the state of Tripadvisor’s stock and the recommendations from analysts and investors.
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