Jefferies Starts TripAdvisor (TRIP) at Hold; Top Travel Research Destination Facing NT Headwinds
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Price: $10.74 -2.1%
Rating Summary:
9 Buy, 31 Hold, 9 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 31 Hold, 9 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on TripAdvisor (NASDAQ: TRIP) with a Hold. PT $37.00.
Jefferies analyst said, "At ~$33, the stock trades at ~12x our 2013E EBITDA (2012-15 EBITDA CAGR of ~16%) and ~19x our 2013E operating EPS (2012-15 Op EPS CAGR of ~18%), largely in line with our other online advertising names."
For an analyst ratings summary and ratings history on TripAdvisor click here. For more ratings news on TripAdvisor click here.
Shares of TripAdvisor closed at $34.65 yesterday.
Jefferies analyst said, "At ~$33, the stock trades at ~12x our 2013E EBITDA (2012-15 EBITDA CAGR of ~16%) and ~19x our 2013E operating EPS (2012-15 Op EPS CAGR of ~18%), largely in line with our other online advertising names."
For an analyst ratings summary and ratings history on TripAdvisor click here. For more ratings news on TripAdvisor click here.
Shares of TripAdvisor closed at $34.65 yesterday.
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