Zacks Investment Research downgraded Priceline Group Inc (NASDAQ:PCLN) to Hold in a report released today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded Priceline Group Inc (NASDAQ:PCLN) to Hold in a report released on 10/5/2016.
Previously on Thursday September 29, 2016, Vetr Inc. reported on Priceline Group Inc (NASDAQ:PCLN) increased the target price from $0.00 to $1,598.32. At the time, this indicated a possible upside of 0.08%.
Yesterday Priceline Group Inc (NASDAQ:PCLN) traded 0.64% higher at $1,488.75. PCLN’s 50-day average is $1,440.14 and its two hundred day average is $1,345.82. With the last stock price close up 11.35% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 139,153 shares of PCLN changing hands under the typical 490,671
Recent Performance Chart
Priceline Group Inc has PE ratio of 28.50 with a one year low of $954.02 and a one year high of $1,501.47 and has a market capitalization of $0.
A total of 24 brokerages have issued a ratings update on Priceline Group Inc. 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 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), a provider of online restaurant reservations.
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