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Mizuho Securities Maintains Booking Holdings(BKNG.US) With Buy Rating, Announces Target Price $5,400

Futu News ·  Nov 5 21:31  · Ratings

Mizuho Securities analyst James Lee maintains $Booking Holdings (BKNG.US)$ with a buy rating, and sets the target price at $5,400.

According to TipRanks data, the analyst has a success rate of 60.3% and a total average return of 12.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Booking Holdings (BKNG.US)$'s main analysts recently are as follows:

  • With reacceleration in room night growth and gross bookings, as well as persistent positive travel trends from Q3 extending into October coupled with margin expansion, analysts express growing optimism for the performance of Booking Holdings. The company is highlighted as a foremost selection within the online travel industry.

  • Booking Holdings' Q3 results and Q4 projections have surpassed expectations, indicating a more robust European leisure travel market than anticipated and the company's platform's profit scalability. As attention shifts to the 2025 investment intensity for Booking and its peers within the travel sector, this perspective is maintained.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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