Cantor Fitzgerald analyst Youssef Squali reiterated a Buy rating on Priceline.com (NASDAQ: PCLN) today. The company’s shares opened today at $1432.66, close to its 52-week high of $1476.52.
According to TipRanks.com, Squali is a top 25 analyst with an average return of 11.7% and a 71.2% success rate. Squali covers the Technology sector, focusing on stocks such as TripAdvisor Inc., Rubicon Project, and Microsoft Corp.
Currently, the analyst consensus on Priceline.com is Strong Buy and the average price target is $1594.23, representing an 11.3% upside.
In a report issued on September 6, Jefferies also reiterated a Buy rating on the stock with a $1700 price target.
The company has a one year high of $1476.52 and a one year low of $954.02. Currently, Priceline.com has an average volume of 598.5k.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is neutral on the stock. Most recently, in May 2016, Jeffery Boyd, a a Director at PCLN sold 166 shares for a total of $209,416.
The Priceline Group, Inc. is an online travel company, which provides travel and related services. It offers accommodation reservations including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties. The company provides services through Booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable brands. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The company also allows consumers to easily compare airline ticket, hotel reservation and rental car reservation information from hundreds of travel websites at once through KAYAK. The Priceline Group was founded by Jay Scott Walker on July 18, 1997 and is headquartered in Norwalk, CT.