Analyst Rating Update on Travelport Worldwide Limited (TVPT)

Travelport Worldwide Limited (TVPT) : 6 brokerage houses believe that Travelport Worldwide Limited (TVPT) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Travelport Worldwide Limited (TVPT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.29.

Travelport Worldwide Limited (TVPT) stock is expected to deviate a maximum of $2 from the average target price of $17.21 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $20 and the most muted being $15.

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


Travelport Worldwide Limited (NYSE:TVPT): The stock opened at $12.95 on Wednesday but the bulls could not build on the opening and the stock topped out at $13.01 for the day. The stock traded down to $12.78 during the day, due to lack of any buying support eventually closed down at $12.87 with a loss of -0.62% for the day. The stock had closed at $12.95 on the previous day. The total traded volume was 1,119,413 shares.

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment and other solutions. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform. It provides air distribution services to approximately 400 airlines around the world, including approximately 100 low cost carriers (LCCs). It distributes ancillaries for 25 airlines. In addition, it serves various Beyond Air travel providers, including over 650,000 hotel properties (of which over 550,000 are independent hotel properties), over 35,000 car rental locations and 61 cruise-line and tour operators. Its travel commerce platform, Air, provides real-time search, pricing, booking, change, payment and itinerary creation for travelers who use the services of online and offline travel agencies for both leisure and business travel.

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