Royal Bank of Canada Boosts Booking (BKNG) Price Target to $2,500.00
Booking (NASDAQ:BKNG) had its target price boosted by Royal Bank of Canada to $2,500.00 in a research note released on Wednesday morning. The brokerage currently has an outperform rating on the business services provider’s stock.
BKNG has been the subject of a number of other research reports. Credit Suisse Group raised Booking to a buy rating in a research report on Wednesday, February 7th. Zacks Investment Research downgraded Booking from a hold rating to a sell rating in a research report on Tuesday, January 2nd. SunTrust Banks reaffirmed a buy rating on shares of Booking in a research report on Monday, February 26th. JMP Securities upped their price target on Booking from $1,950.00 to $2,100.00 and gave the stock an outperform rating in a research report on Wednesday, January 24th. Finally, BidaskClub downgraded Booking from a strong-buy rating to a buy rating in a research report on Tuesday, January 23rd. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $2,002.74.
Booking (BKNG) traded up $5.42 during trading hours on Wednesday, reaching $2,033.79. The company’s stock had a trading volume of 591,150 shares, compared to its average volume of 552,731. Booking has a 52-week low of $1,630.56 and a 52-week high of $2,087.34. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.68. The firm has a market cap of $97,950.00, a P/E ratio of 28.52, a P/E/G ratio of 1.40 and a beta of 1.27.
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Booking Company Profile
Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online 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.
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