Credit Suisse announced Expedia Inc. (NASDAQ:EXPE), boosting its stock price target to $145.00 today
- Updated: January 11, 2017
Just yesterday Expedia Inc. (NASDAQ:EXPE) traded -0.88% lower at $116.52. Expedia Inc.’s 50-day moving average is $119.63 and its 200-day moving average is $116.66. The last stock price is down -0.06% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.04% over the same time period. 911,646 shares of EXPE traded hands, down from an average trading volume of 2,275,120
In a report released on Wednesday January 11, 2017 Credit Suisse increased the stock price target of Expedia Inc. (NASDAQ:EXPE) to $145.00 reporting a possible upside of 0.24%.
Previously on 01/10/2017, Zacks Investment Research released a statement about Expedia Inc. (NASDAQ:EXPE) increased the target price from $0.00 to $135.00. At the time, this indicated a possible upside of 0.16%.
Recent Performance Chart
Expedia Inc. has 52 week low of $88.40 and a 52 week high of $133.55 with a PE ratio of 92.68 and has a market capitalization of $0.
In addition to Credit Suisse reporting its stock price target, a total of 26 brokerages have issued a ratings update on the company. The average stock price target is $131.69 with 5 brokerages rating the stock a strong buy, 12 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
Brief Synopsis On Expedia Inc. (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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