Yatra Online (YTRA) Gets a Buy Rating from H.C. Wainwright

In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Yatra Online (YTRAResearch Report), with a price target of $4.00. The company’s shares closed last Monday at $1.98.

According to TipRanks.com, Buck is a 5-star analyst with an average return of 21.0% and a 50.9% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Intellicheck Mobilisia, and Lightpath Technologies.

Currently, the analyst consensus on Yatra Online is a Moderate Buy with an average price target of $4.00.

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Yatra Online’s market cap is currently $123.2M and has a P/E ratio of -7.50. The company has a Price to Book ratio of 8.22.

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Yatra Online, Inc. engages in the business of selling travel products and solutions. It operates through the following segments: Air Ticketing; Hotels and Packages; and Others. The Air Ticketing segment offers flight ticket booking services to its customers. The Hotels and Packages segment provides hotel room booking and tour packages. The Others segment engages in providing third party advertising on website, rail & bus ticketing, and cab booking. The company was founded by Dhruv Shringi, Manish Amin, and Sabina Chopra in August 2006 and is headquartered in Gurgaon, India.