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HomeAway (NASDAQ:AWAY) was upgraded by equities research analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday. The firm currently has a $32.00 price objective on the stock. Bank of America’s target price points to a potential upside of 10.69% from the stock’s previous close. The analysts noted that the move was a valuation call.

A number of other firms have also recently commented on AWAY. Analysts at JPMorgan Chase & Co. downgraded shares of HomeAway from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 29th. They now have a $38.00 price target on the stock, down previously from $49.00. Separately, analysts at FBR Capital Markets upgraded shares of HomeAway from a “market perform” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $45.00 price target on the stock, up previously from $34.00. Finally, analysts at FBR Capital Markets upgraded shares of HomeAway from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 8th. They now have a $45.00 price target on the stock, up previously from $34.00. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. HomeAway presently has an average rating of “Hold” and a consensus target price of $42.56.

In other HomeAway news, CTO Ross Buhrdorf unloaded 2,195 shares of HomeAway stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $30.44, for a total value of $66,815.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

HomeAway (NASDAQ:AWAY) opened at 28.91 on Tuesday. HomeAway has a 52-week low of $27.27 and a 52-week high of $48.90. The stock has a 50-day moving average of $32.12 and a 200-day moving average of $38.23. The company has a market cap of $2.703 billion and a P/E ratio of 154.26.

HomeAway (NASDAQ:AWAY) last released its earnings data on Thursday, April 24th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.09. The company had revenue of $105.70 million for the quarter, compared to the consensus estimate of $102.56 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 33.0% on a year-over-year basis. On average, analysts predict that HomeAway will post $0.61 earnings per share for the current fiscal year.

HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.

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