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Equities research analysts at Goldman Sachs hoisted their target price on shares of OpenTable (NASDAQ:OPEN) to $90.00 in a research note issued to investors on Thursday. Goldman Sachs’ price objective would suggest a potential downside of 13.69% from the stock’s previous close.

OPEN has been the subject of a number of other recent research reports. Analysts at Wunderlich raised their price target on shares of OpenTable from $72.00 to $103.00 in a research note on Monday, June 16th. They now have a “hold” rating on the stock. Finally, analysts at Bank of America upgraded shares of OpenTable from a “neutral” rating to a “buy” rating in a research note on Friday, May 2nd. They now have a $87.00 price target on the stock. They noted that the move was a valuation call. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. OpenTable has an average rating of “Hold” and an average target price of $84.83.

OpenTable (NASDAQ:OPEN) opened at 104.75 on Thursday. OpenTable has a one year low of $61.50 and a one year high of $106.30. The stock has a 50-day moving average of $76.74 and a 200-day moving average of $77.12. The company has a market cap of $2.464 billion and a price-to-earnings ratio of 111.04.

OpenTable (NASDAQ:OPEN) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.03. The company had revenue of $53.80 million for the quarter, compared to the consensus estimate of $54.39 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 18.2% on a year-over-year basis. Analysts expect that OpenTable will post $1.90 EPS for the current fiscal year.

In other OpenTable news, CFO I. Duncan Robertson sold 6,000 shares of the company’s stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $104.93, for a total value of $629,580.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

OpenTable, Inc (NASDAQ:OPEN) provides solution that forms an online network connecting reservation-taking restaurants and people who dine at those restaurants.

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