RBC Capital Reaffirms Their Hold Rating on TripAdvisor Inc

By Carrie Williams

In a report issued on November 2, Mark Mahaney from RBC Capital reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP), with a price target of $38. The company’s shares closed yesterday at $38.88, close to its 52-week low of $35.34.

According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 24.4% and a 74.1% success rate. Mahaney covers the Technology sector, focusing on stocks such as Global Payments Inc, IAC/InterActiveCorp, and Angie’s List Inc.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $39.60, representing a 1.9% upside.

In a report issued on October 23, Stifel Nicolaus also reiterated a Hold rating on the stock with a $40 price target.

The company has a one-year high of $65.56 and a one-year low of $35.34. Currently, TripAdvisor Inc has an average volume of 3.08M.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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