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What Do Analysts Recommend for Expedia ahead of 4Q16 Earnings?

Ally Schmidt - Author
By

Nov. 20 2020, Updated 10:54 a.m. ET

Analysts’ views

According to a Bloomberg consensus, of the 31 analysts tracking Expedia (EXPE) stock, 19.0% (six analysts) have given it a “strong buy” recommendation, and 61.0% (19 analysts) have given it a “buy.” About 19.0% (six analysts) have given it a “hold” rating. None of the analysts have currently given it a “sell” rating.

Stifel has upgraded Expedia’s rating from “hold” to “buy.” Miller Tabak has initiated coverage on the stock with a “strong buy” rating, and Citigroup has initiated coverage with a “sell” rating. Needham has initiated coverage with a “buy” rating.

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Target price

Expedia’s consensus 12-month target price is $140.80, which is higher than the previous consensus of $136.08. The current target price indicates a 16.7% return potential as of February 2, 2017, at a closing price of $120.60. The stock’s lowest target price is $105, and the highest target price is $175.

Expedia’s rival Priceline has a 12-month target price of $1,740.70. The current target price indicates a return potential of 10.6% as of February 2, 2017, at a closing price of $1,574.10. The stock’s lowest price target is $1,300, and its highest target price is $1,950.

We’ll be covering the pre-earnings expectations for EXPE’s competitors, including Priceline (PCLN), TripAdvisor (TRIP), and Ctrip.com International (CTRP). You can keep track of these companies on Market Realist’s Online Travel Agency page.

EXPE forms ~1.6% of the holdings of the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT).

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