Yatra Online Inc (NASDAQ:YTRA) Coverage Initiated at Oppenheimer Holdings, Inc.
Investment analysts at Oppenheimer Holdings, Inc. assumed coverage on shares of Yatra Online Inc (NASDAQ:YTRA) in a research report issued on Tuesday. The brokerage set an “outperform” rating and a $15.00 price target on the technology company’s stock. Oppenheimer Holdings, Inc.’s target price indicates a potential upside of 22.25% from the stock’s previous close.
A number of other brokerages have also weighed in on YTRA. Deutsche Bank AG began coverage on Yatra Online in a research note on Thursday, June 15th. They set a “buy” rating and a $15.00 price target on the stock. Macquarie initiated coverage on Yatra Online in a research report on Monday, June 5th. They issued an “outperform” rating and a $14.80 target price on the stock.
Shares of Yatra Online (YTRA) traded up 1.24% during mid-day trading on Tuesday, hitting $12.27. 327,401 shares of the stock were exchanged. Yatra Online has a 12 month low of $7.71 and a 12 month high of $12.78. The stock’s market cap is $375.52 million. The stock’s 50 day moving average is $9.88 and its 200-day moving average is $9.43.
About Yatra Online
Yatra Online, Inc is an India-based consumer travel platform and online travel agent. The Company’s segments include Air Ticketing, Hotels and Packages, and Others. Through Internet and mobile-based platform and call-centers, the Company provides the facility to book and service international and domestic air tickets to customer through business-to-consumer (B2C) and business-to-business-to-consumer (B2B2C) channel.
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