Booking Holdings Inc (BKNG) Receives a Hold from Stifel Nicolaus

By Ryan Adsit

Stifel Nicolaus analyst Scott Devitt reiterated a Hold rating on Booking Holdings Inc (BKNGResearch Report) yesterday and set a price target of $1995. The company’s shares closed on Friday at $1868.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 22.4% and a 71.2% success rate. Devitt covers the Technology sector, focusing on stocks such as Lyft Inc Class A, Paypal Holdings, and Eventbrite Inc.

Currently, the analyst consensus on Booking Holdings Inc is a Moderate Buy with an average price target of $2025.

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Booking Holdings Inc’s market cap is currently $85.24B and has a P/E ratio of 22.41. The company has a Price to Book ratio of 9.70.

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Booking Holdings, Inc. is an online travel company, which provides travel and related services. It offers accommodation reservations including hotels, hostels, apartments, vacation rentals and other properties. The company provides services through Booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable brands.