TripAdvisor (TRIP) Receives a Buy from Barclays

Barclays analyst Deepak Mathivanan maintained a Buy rating on TripAdvisor (TRIPResearch Report) on November 8 and set a price target of $43.00. The company’s shares closed last Monday at $31.96, close to its 52-week low of $29.27.

According to, Mathivanan is a 5-star analyst with an average return of 16.3% and a 60.8% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Activision Blizzard, Mercadolibre, and GrubHub.

The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $42.50 average price target, representing a 34.2% upside. In a report issued on October 29, SunTrust Robinson also maintained a Buy rating on the stock with a $60.00 price target.

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TripAdvisor’s market cap is currently $4.45B and has a P/E ratio of 38.45. The company has a Price to Book ratio of 2.70.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRIP in relation to earlier this year.

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TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.