RBC Capital recorded Priceline (NASDAQ:PCLN), bumping its price target to $1,750.00 today
- Updated: October 6, 2016
In a report released on 10/07/2016 RBC Capital increased the stock price target of Priceline (NASDAQ:PCLN) from $1,600.00 to $1,750.00 reporting a possible upside of 0.17%.
Just yesterday Priceline (NASDAQ:PCLN) traded -0.48% lower at $1,490.44. Priceline’s 50-day moving average is $1,444.49 and its 200-day moving average is $1,347.94. The last closing price is up 10.57% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 362,074 shares of PCLN traded hands, down from an average trading volume of 484,982
Recent Performance Chart
Priceline has PE ratio of 28.35 with a one year low of $954.02 and a one year high of $1,501.79 and has a market capitalization of $0.
A total of 24 brokerages have issued a ratings update on Priceline. Six brokerages rating the company a strong buy, fifteen brokerages rating the company a buy, nine brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $1,461.50.
General Company Details For Priceline (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), a provider of online restaurant reservations.
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