A report released today by Evercore ISI about Priceline Group Inc (NASDAQ:PCLN) ups the target price to $1,650.00
- Updated: September 17, 2016
Boasting a price of $1,423.99, Priceline Group Inc (NASDAQ:PCLN) traded 0.19% higher on the day. The last stock price close is up 9.88% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. PCLN has recorded a 50-day average of $1,402.49 and two hundred day moving average of $1,328.82. Trading volume was was up over the average, with 740,407 shares of PCLN changing hands over the typical 597,886 shares.
Priceline Group Inc (NASDAQ:PCLN) had its target price raised to $1,650 by Evercore ISI in an issued report issued 8/18/2016. The new target price indicates a possible upside of 0.16% based on the company’s previous stock close price.
Previously on 8/05/2016, Deutsche Bank released a statement on Priceline Group Inc(NASDAQ:PCLN) upped the target price from $1,330.00 to $1,450.00 that suggested an upside of 0.03%.
Recent Performance Chart:
A total of 24 brokerages have released a ratings update on the company. Six firms rate the company a strong buy, 15 firms rate the company a buy, nine firms rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with a one year target price of $1,461.50
Priceline Group Inc has a 52 week low of $954.02 and a 52 week high of $1,476.52 with a P/E ratio of 28. The company’s total market value is presently $0.0.
General Company Details For Priceline Group Inc (NASDAQ:PCLN)
The Priceline Group Inc. is a provider of travel and restaurant reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations across the world through rentalcars.com. The Company provides restaurants with reservation management services and consumers with the ability to make restaurant reservations at participating restaurants through OpenTable, Inc. (OpenTable), and a provider of online restaurant reservations.
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