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Equities research analysts at Ascendiant Capital Markets increased their price target on shares of Expedia (NASDAQ:EXPE) from $90.00 to $95.00 in a research note issued to investors on Friday. Ascendiant Capital Markets’ target price points to a potential upside of 12.48% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. raised their price target on shares of Expedia from $85.00 to $94.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Expedia in a research note on Friday. They now have a $85.00 price target on the stock, up previously from $70.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Expedia in a research note on Friday. They now have a $83.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $85.22.

Shares of Expedia (NASDAQ:EXPE) traded up 6.35% during mid-day trading on Friday, hitting $84.46. 7,610,387 shares of the company’s stock traded hands. Expedia has a 52-week low of $45.69 and a 52-week high of $84.85. The stock has a 50-day moving average of $79.23 and a 200-day moving average of $74.0. The company has a market cap of $10.965 billion and a P/E ratio of 33.98. Expedia also was the target of unusually large options trading activity on Wednesday. Stock investors bought 24,717 call options on the stock. This represents an increase of 609% compared to the average daily volume of 3,485 call options.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.76 by $0.27. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 24.0% on a year-over-year basis. On average, analysts predict that Expedia will post $3.84 earnings per share for the current fiscal year.

Expedia, Inc (NASDAQ:EXPE) is an online travel company.

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