UBS AG Increases HomeAway Price Target to $43.00 (AWAY)
Equities researchers at UBS AG raised their target price on shares of HomeAway (NASDAQ:AWAY) to $43.00 in a research report issued on Thursday, Analyst Ratings News reports. UBS AG’s target price would suggest a potential downside of 11.08% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of HomeAway in a research note on Thursday. They now have a $43.00 price target on the stock, up previously from $30.00. Separately, analysts at Piper Jaffray raised their price target on shares of HomeAway from $43.00 to $53.00 in a research note on Thursday. Finally, analysts at Stifel Nicolaus raised their price target on shares of HomeAway from $43.00 to $51.00 in a research note on Thursday. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $41.66.
HomeAway (NASDAQ:AWAY) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.06. The company had revenue of $90.30 million for the quarter, compared to the consensus estimate of $87.52 million.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.