priceline.com Rating Increased to Buy at Ned Davis Research (PCLN)
priceline.com (NASDAQ:PCLN) was upgraded by equities research analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, AnalystRatingsNetwork reports.
Shares of priceline.com (NASDAQ:PCLN) traded up 1.04% during mid-day trading on Monday, hitting $1207.8199. The stock had a trading volume of 583,948 shares. priceline.com has a one year low of $665.05 and a one year high of $1214.97. The stock has a 50-day moving average of $1162. and a 200-day moving average of $1063.. The company has a market cap of $62.115 billion and a price-to-earnings ratio of 34.49. priceline.com also saw some unusual options trading on Friday. Stock investors bought 43,880 call options on the company. This represents an increase of 203% compared to the typical volume of 14,458 call options.
A number of other firms have also recently commented on PCLN. Analysts at TheStreet reiterated a “buy” rating on shares of priceline.com in a research note to investors on Friday. Finally, analysts at Evercore Partners raised their price target on shares of priceline.com from $1,250.00 to $1,350.00 in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Three analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the stock. priceline.com presently has an average rating of “Buy” and a consensus target price of $1,164.90.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.
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