Jefferies Assumes Coverage on Expedia (EXPE) at Hold; Solid, But Waiting for More Progress
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Price: $332.69 +1.33%
Rating Summary:
22 Buy, 37 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
22 Buy, 37 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies assumes coverage on Expedia (NASDAQ: EXPE) with a Hold. PT $56.00 (from $38.00).
Jefferies analyst said, "At current levels, the stock looks fairly valued, trading at ~8x our 2013E EBITDA (2012-15 CAGR of ~10%) and ~15x our 2013E Op EPS (2012-15 CAGR of ~12%)."
For an analyst ratings summary and ratings history on Expedia click here. For more ratings news on Expedia click here.
Shares of Expedia closed at $51.99 yesterday.
Jefferies analyst said, "At current levels, the stock looks fairly valued, trading at ~8x our 2013E EBITDA (2012-15 CAGR of ~10%) and ~15x our 2013E Op EPS (2012-15 CAGR of ~12%)."
For an analyst ratings summary and ratings history on Expedia click here. For more ratings news on Expedia click here.
Shares of Expedia closed at $51.99 yesterday.
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