Barclays analyst Trevor Young maintains $Booking Holdings (BKNG.US)$ with a buy rating, and adjusts the target price from $3,900 to $4,500.
According to TipRanks data, the analyst has a success rate of 56.3% and a total average return of 0.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Booking Holdings (BKNG.US)$'s main analysts recently are as follows:
Despite a significant recovery, shares of Booking Holdings remain within the range of historical norms when evaluated using the price-to-earnings ratio metric. Looking ahead to Q3 earnings, there remains a cautious stance on the travel sector.
Booking Holdings' shares have witnessed a robust recovery from the concerns that followed the post-Q2 earnings report. It is anticipated that there will be a slight acceleration in room nights during Q4, with expectations of a typically conservative outlook. Observations will be directed towards understanding the balance between margins and growth moving into 2025.
Note:
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