Analyst Rating Update on The Priceline Group (PCLN)

The Priceline Group (PCLN) : 12 brokerage houses believe that The Priceline Group (PCLN) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The Priceline Group (PCLN). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.

The Priceline Group (PCLN) : Currently there are 15 street experts covering The Priceline Group (PCLN) stock. The most bullish and bearish price target for the stock is $1660 and $790 respectively for the short term. The average price target of all the analysts comes to $1436.67. The estimated standard deviation from the target is $196.54.

For the current week, the company shares have a recommendation consensus of Buy.


The Priceline Group (NASDAQ:PCLN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $1341.60 and $1336.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $1376.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $1371.14, notching a gain of 1.91% for the day. The total traded volume was 861,548 . The stock had closed at $1345.38 on the previous day.

The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company, through its online travel agent (OTA) services, connects consumers wishing to make travel reservations with providers of travel services across the world. The Companys brands include, KAYAK,, and OpenTable. The Company offers consumers accommodation reservations, including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties, through its, and brands. Its brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations through its Website The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.

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