Booking Holdings (BKNG) Gets a Hold Rating from Stifel Nicolaus

Stifel Nicolaus analyst Scott Devitt maintained a Hold rating on Booking Holdings (BKNGResearch Report) on April 30 and set a price target of $2400.00. The company’s shares closed last Tuesday at $2380.63, close to its 52-week high of $2516.00.

According to TipRanks.com, Devitt is a top 25 analyst with an average return of 35.3% and a 71.7% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Uber Technologies, and Alphabet Class A.

Currently, the analyst consensus on Booking Holdings is a Moderate Buy with an average price target of $2566.14, representing a 6.5% upside. In a report issued on April 27, BTIG also maintained a Hold rating on the stock.

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Booking Holdings’ market cap is currently $100.2B and has a P/E ratio of 1700.70. The company has a Price to Book ratio of 85.36.

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Founded in 1997 and based in Connecticut, Booking Holdings, Inc. provides an online platform for making travel and restaurant reservations. The company offers its services through the following brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.com, and OpenTable.