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TripAdvisor LLC (NDAQ:TRIP) stock price target reduced to $34.00, issued a research note today by RBC Capital Markets

Yesterday TripAdvisor LLC (NDAQ:TRIP) traded -4.22% lower at $30.75. The company’s 50-day moving average is $42.19 and its 200-day moving average is $40.93. The last stock close price is down -8.03% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 3,404,104 shares of the stock were exchanged, up from an average trading volume of 2,969,480

In a statement issued on 11/13/2017 RBC Capital Markets bumped down the target of TripAdvisor LLC (NDAQ:TRIP) from $38.00 to $34.00 stating a potential upside of 0.11%.

Previously on 11/08/2017, Barclays Capital reported about TripAdvisor LLC (NDAQ:TRIP) lowered the target price from $45.00 to $35.00. At the time, this indicated a possible upside of 0.09%.

See Chart Below

TripAdvisor LLC (NDAQ:TRIP)

TripAdvisor LLC has a 52 week low of $35.34 and a 52 week high of $65.56 with a P/E ratio of 56.94 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 20 firms have reported on the stock. The consensus target price is $66.60 with 0 firms rating the stock a strong buy, 4 firms rating the stock a buy, 18 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About TripAdvisor LLC (NDAQ:TRIP)

TripAdvisor, Inc. owns and operates a portfolio of online travel brands. TripAdvisor, the Company's brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company's Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations. The Non-Hotel segment includes Attractions, Restaurants and Vacation Rentals businesses. The Company's platform also enables users to compare real-time pricing and availability for these experiences, as well as to book hotels, flights, cruises, vacation rentals, tours, activities and attractions, and restaurants, on either a TripAdvisor site or application, or a travel partner site or application. As of December 31, 2016, the Company's TripAdvisor-branded Websites included tripadvisor.com in the United States and localized versions of the TripAdvisor Website in 48 markets and 28 languages around the world.

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