TripAdvisor Inc Gets a Hold Rating from Wells Fargo

By Austin Angelo

In a report issued on July 25, Peter Stabler from Wells Fargo reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP). The company’s shares closed yesterday at $39.06, close to its 52-week high of $71.69.

According to TipRanks.com, Stabler is a 5-star analyst with an average return of 22.3% and a 75.5% success rate. Stabler covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Angie’s List Inc, and Match Group Inc.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $45, representing a 15.2% upside.

In a report issued on July 19, Cowen & Co. also upgraded the stock to Hold with a $40 price target.

TripAdvisor Inc’s market cap is currently $5.51B and has a P/E ratio of 55.8. The company has a book value ratio of 3.9848.

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. The company operates its business through two segments: Hotel and Other.