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Analysts at CRT Capital began coverage on shares of Tripadvisor (NASDAQ:TRIP) in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “fair value” rating and a $110.00 price target on the stock. CRT Capital’s price target points to a potential upside of 11.96% from the stock’s previous close. The analysts noted that the move was a valuation call.

Several other analysts have also recently commented on the stock. Analysts at FBR Capital Markets reiterated a “market perform” rating on shares of Tripadvisor in a research note on Friday, August 29th. They now have a $100.00 price target on the stock, up previously from $85.00. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Tripadvisor in a research note on Monday, August 25th. They set a “buy” rating and a $120.00 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of Tripadvisor from $88.00 to $100.00 in a research note on Monday, August 25th. They now have a “buy” rating on the stock. Eleven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $103.76.

Shares of Tripadvisor (NASDAQ:TRIP) traded up 0.33% during mid-day trading on Wednesday, hitting $98.60. The stock had a trading volume of 347,538 shares. Tripadvisor has a 52 week low of $68.11 and a 52 week high of $111.24. The stock’s 50-day moving average is $98.98 and its 200-day moving average is $96.55. The company has a market cap of $14.079 billion and a P/E ratio of 67.73.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.06. The company had revenue of $323.00 million for the quarter, compared to the consensus estimate of $321.70 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 30.8% on a year-over-year basis. On average, analysts predict that Tripadvisor will post $2.12 earnings per share for the current fiscal year.

TripAdvisor, Inc (NASDAQ:TRIP) is an online travel research company, enabling users to plan and have a trip.

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