Short Term Rating on Travelport Worldwide Limited (TVPT)

Travelport Worldwide Limited (TVPT) has an average broker rating of 1.29, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Travelport Worldwide Limited (TVPT) : Currently there are 7 street experts covering Travelport Worldwide Limited (TVPT) stock. The most bullish and bearish price target for the stock is $20 and $15 respectively for the short term. The average price target of all the analysts comes to $17.21. The estimated standard deviation from the target is $2.

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


Travelport Worldwide Limited (NYSE:TVPT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.32 and $13.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.49, notching a gain of 2.27% for the day. The total traded volume was 1,073,781 . The stock had closed at $13.19 on the previous day.

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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