priceline.com Receives “Positive” Rating from RBC Capital (PCLN)
priceline.com (NASDAQ:PCLN)‘s stock had its “positive” rating restated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday, AnalystRatings.NET reports.
PCLN has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of priceline.com in a research note on Tuesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of priceline.com in a research note on Thursday, February 13th. They now have a $1,450.00 price target on the stock, up previously from $1,275.00. Finally, analysts at Ned Davis Research upgraded shares of priceline.com from a “neutral” rating to a “buy” rating in a research note on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $1,166.23.
Shares of priceline.com (NASDAQ:PCLN) traded up 1.57% during mid-day trading on Tuesday, hitting $1300.075. The stock had a trading volume of 1,052,939 shares. priceline.com has a 1-year low of $665.05 and a 1-year high of $1284.70. The stock’s 50-day moving average is $1171. and its 200-day moving average is $1076.. The company has a market cap of $66.859 billion and a P/E ratio of 36.93. priceline.com also was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 849,541 shares, a decrease of 37.9% from the January 15th total of 1,369,041 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average trading volume of 749,881 shares, the days-to-cover ratio is presently 1.1 days.
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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