Equities research analysts at Ladenburg Thalmann Financial Services started coverage on shares of Yatra Online, Inc. (NASDAQ:YTRA) in a report issued on Thursday. The brokerage set a “buy” rating and a $15.00 price target on the technology company’s stock. Ladenburg Thalmann Financial Services’ price objective points to a potential upside of 42.18% from the company’s current price.

Other analysts also recently issued research reports about the company. Deutsche Bank AG assumed coverage on Yatra Online in a research report on Thursday, June 15th. They issued a “buy” rating and a $15.00 price objective for the company. Oppenheimer Holdings, Inc. assumed coverage on Yatra Online in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $15.00 price objective for the company. Macquarie assumed coverage on Yatra Online in a research report on Monday, June 5th. They issued an “outperform” rating and a $14.80 price objective for the company. Finally, CIBC assumed coverage on Yatra Online in a research report on Wednesday, July 12th. They issued an “outperform” rating and a $15.00 price objective for the company. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of $14.96.

Yatra Online (NASDAQ YTRA) traded up 2.4379% during trading on Thursday, reaching $10.8072. The company had a trading volume of 36,008 shares. Yatra Online has a 12 month low of $7.71 and a 12 month high of $12.85. The company’s market capitalization is $365.79 million. The stock has a 50 day moving average of $10.39 and a 200-day moving average of $9.82.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings data on Monday, August 7th. The technology company reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.26) by $0.04. Yatra Online had a negative return on equity of 51,721.07% and a negative net margin of 90.85%. The firm had revenue of $46.84 million during the quarter, compared to the consensus estimate of $24.09 million. Equities research analysts expect that Yatra Online will post ($0.75) EPS for the current fiscal year.

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A number of hedge funds have recently added to or reduced their stakes in the stock. Ashford Capital Management Inc. increased its holdings in Yatra Online by 19.0% during the 2nd quarter. Ashford Capital Management Inc. now owns 71,410 shares of the technology company’s stock valued at $803,000 after purchasing an additional 11,410 shares in the last quarter. Virtu KCG Holdings LLC acquired a new stake in Yatra Online during the 2nd quarter valued at $201,000. Silver Capital Management LLC acquired a new stake in Yatra Online during the 2nd quarter valued at $612,000. Spark Investment Management LLC acquired a new stake in Yatra Online during the 2nd quarter valued at $706,000. Finally, Symmetry Peak Management LLC acquired a new stake in Yatra Online during the 2nd quarter valued at $731,000. 21.95% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Yatra Online (NASDAQ:YTRA)

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