Priceline Price Target Raised to $775.00 at Barclays Capital (PCLN)
Priceline (NASDAQ: PCLN) had its price target lifted by Barclays Capital from $750.00 to $775.00 in a research report sent to investors on Wednesday morning. The firm currently has an overweight rating on the stock.
A number of other analysts have also recently weighed in on PCLN. Analysts at Piper Jaffray raised their price target on shares of Priceline to $800.00 in a research note to investors on Wednesday. Separately, analysts at Jefferies Group raised their price target on shares of Priceline from $780.00 to $820.00 in a research note to investors on Wednesday. They now have a buy rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Priceline from $710.00 to $745.00 in a research note to investors on Wednesday. They now have a hold rating on the stock.
Fifteen research analysts have rated the stock with a buy rating, two have given an overweight rating, and eight have issued a hold rating to the company. The stock currently has an average rating of overweight and an average price target of $805.05.
Shares of Priceline traded up 0.84% during mid-day trading on Wednesday, hitting $694.915. Priceline has a 52 week low of $553.42 and a 52 week high of $774.96. The stock’s 50-day moving average is currently $685.9. The company has a market cap of $40.343 billion and a P/E ratio of 24.91.
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