Wells Fargo analyst Ken Gawrelski maintains $Booking Holdings (BKNG.US)$ with a hold rating, and adjusts the target price from $3,976 to $4,173.
According to TipRanks data, the analyst has a success rate of 66.3% and a total average return of 8.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Booking Holdings (BKNG.US)$'s main analysts recently are as follows:
Despite a significant recovery, Booking Holdings shares remain close to their historical averages when evaluated using the price-to-earnings ratio. There is a cautious stance on the travel sector as we approach the earnings announcements.
Analysts observe that Booking Holdings' shares have experienced a significant recovery following initial concerns after the Q2 EPS announcement. They anticipate a slight increase in room nights during Q4, with expectations of a generally cautious guidance. Attention is being focused on the future balance between margins and growth prospects for 2025.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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