Barclays Sticks to Its Hold Rating for TripAdvisor Inc

By Ryan Adsit

Barclays analyst Deepak Mathivanan reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP) today and set a price target of $41. The company’s shares opened today at $42.45.

According to TipRanks.com, Mathivanan is a 4-star analyst with an average return of 23.3% and a 65.9% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Endurance International, Rightside Group, and Facebook Inc.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $40.78, representing a -3.9% downside.

In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $42 price target.

The company has a one-year high of $50.95 and a one-year low of $29.50. Currently, TripAdvisor Inc has an average volume of 3.59M.

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TripAdvisor, Inc. owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.