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Citigroup Stick to Their Buy Rating for TripAdvisor Inc

Published 11/17/2021, 04:16 AM
Updated 11/17/2021, 04:16 AM


Citigroup (NYSE:C) analyst Citigroup maintained a Buy rating on TripAdvisor Inc (NASDAQ:TRIP) on Tuesday, setting a price target of $48, which is approximately 57.12% above the present share price of $30.55.

expects TripAdvisor Inc to post earnings per share (EPS) of $0.01 for the fourth quarter of 2021.

The current consensus among 14 TipRanks analysts is for a Hold rating of shares in TripAdvisor, with an average price target of $39.77.
The analysts price targets range from a high of $60 to a low of $28.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $303 million and a net profit of $16 million. The company's market cap is $4.22 billion.

According to TipRanks.com, Citigroup analyst Citigroup is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.5% and a 62.32% success rate.

TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates through the following segments: Hotels, Media and Platform, and Experiences and Dining. The Hotels, Media and Platform segment provides contextually-relevant booking links to travel partners on websites. The Experiences and Dining segment provides information and services that allow consumers to research and book activities and attractions in popular travel destinations both through Viator, website and mobile apps. The company was founded by Nicholas Shanny and Stephen Kaufer in February 2000 and is headquartered in Needham, MA.

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