Barclays Capital Reaffirms Overweight Rating on Priceline (PCLN)

By admin | 7 years ago

Priceline (NASDAQ: PCLN)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays Capital (NYSE: BCS) in a research note issued to investors on Monday.

A number of other analysts have also recently weighed in on PCLN. Analysts at JPMorgan Chase (NYSE: JPM) raised their price target on shares of Priceline to $810.00 in a research note to investors on Monday. Separately, analysts at Nomura (NYSE: NMR) upgraded shares of Priceline from a “reduce” rating to a “neutral” rating in a research note to investors on Monday. They now have a $725.00 price target on the stock. Finally, analysts at Lazard Capital reiterated a “buy” rating on shares of Priceline in a research note to investors on Friday.

Priceline opened at 737.65 on Monday. Priceline has a 52-week low of $411.26 and a 52-week high of $774.96. The company has a market cap of $36.733 billion and a price-to-earnings ratio of 35.76. Incorporated is a global online travel company that offers its customers a range of travel services, including the opportunity to purchase hotel room reservations, car rentals, airline tickets, vacation packages, cruises and destination services in a price-disclosed manner.

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