Analyst Rating Update on TripAdvisor (TRIP)

TripAdvisor (NASDAQ:TRIP) : The consensus on TripAdvisor (NASDAQ:TRIP) based on 18 analyst recommendation on the company stock is 3.06, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on TripAdvisor (NASDAQ:TRIP).

TripAdvisor (NASDAQ:TRIP) : Average target price received by TripAdvisor (NASDAQ:TRIP) is $68.62 with an expected standard deviation of $12.61. The most aggressive target on the stock is $95, whereas the most downbeat target is $44. 13 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, JP Morgan maintains their rating on the shares of TripAdvisor (NASDAQ:TRIP). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $61 per share from $66 per share. The rating by the firm was issued on April 12, 2016.

TripAdvisor (NASDAQ:TRIP): stock turned positive on Tuesday. Though the stock opened at $60.69, the bulls momentum made the stock top out at $61.598 level for the day. The stock recorded a low of $60.3 and closed the trading day at $61.15, in the green by 1.87%. The total traded volume for the day was 1,538,798. The stock had closed at $60.03 in the previous days trading.

In an insider trading activity,The officer (President, Vacation Rentals) of Tripadvisor, Inc., Halpin Dermot sold 7,026 shares at $66.21 on May 11, 2016. The Insider selling transaction had a total value worth of $465,191. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.

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