A statement released earlier today by RBC Capital about Expedia (NASDAQ:EXPE) bumps the target price to $165.00
- Updated: October 6, 2016
RBC Capital bumped up the target of Expedia (NASDAQ:EXPE) to $165.00 stating a potential upside of 0.39%.
Boasting a price of $118.53, Expedia (NASDAQ:EXPE) traded -0.51% lower on the day. With the last stock price close up 6.84% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Expedia has recorded a 50-day average of $112.66 and a two hundred day average of $110.94. Volume of trade was down over the average, with 1,203,197 shares of EXPE changing hands under the typical 2,054,100
With a total market value of $0, Expedia has price-earnings ratio of 87.93 with a one year low of $88.40 and a one year high of $140.51 .
A total of 26 equity analysts have released a ratings update on EXPE. Five equity analysts rating the company a strong buy, twelve equity analysts rating the company a buy, nine equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $131.69.
Brief Synopsis About Expedia (NASDAQ:EXPE)
Expedia, Inc. is an online travel company. The Company makes travel products and services available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its Core OTA segment provides a range of travel and advertising services, through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com, and Classic Vacations. Its trivago segment sends referrals to online travel companies and travel service providers from its hotel metasearch Websites. Its Egencia segment, which also includes Orbitz for Business, provides managed travel services to corporate customers. Its HomeAway segment operates an online marketplace for the vacation rental industry.
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