Evercore Downgrades Global Business Travel Group (NYSE:GBTG) to Hold

Global Business Travel Group (NYSE:GBTG) was downgraded by stock analysts at Evercore from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Global Business Travel Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. Morgan Stanley reduced their price objective on shares of Global Business Travel Group from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft set a $8.20 price objective on shares of Global Business Travel Group in a research note on Wednesday, March 11th. Bank of America began coverage on shares of Global Business Travel Group in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $6.50 price objective on the stock. Finally, Wall Street Zen raised shares of Global Business Travel Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $8.90.

Global Business Travel Group Price Performance

Shares of GBTG stock opened at $9.50 on Monday. Global Business Travel Group has a 52-week low of $4.95 and a 52-week high of $9.54. The stock has a market cap of $4.98 billion, a PE ratio of 55.89, a PEG ratio of 2.96 and a beta of 0.75. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s 50 day moving average price is $5.70 and its two-hundred day moving average price is $6.77.

Global Business Travel Group (NYSE:GBTG) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.05. Global Business Travel Group had a net margin of 2.93% and a return on equity of 2.59%. The firm had revenue of $840.00 million for the quarter, compared to analysts’ expectations of $814.55 million. The firm’s revenue was up 35.3% on a year-over-year basis. As a group, analysts forecast that Global Business Travel Group will post 0.11 EPS for the current year.

Hedge Funds Weigh In On Global Business Travel Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in shares of Global Business Travel Group during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Global Business Travel Group during the fourth quarter worth $32,000. Advisory Services Network LLC bought a new position in shares of Global Business Travel Group during the third quarter worth $61,000. CWM LLC boosted its position in shares of Global Business Travel Group by 21.1% during the third quarter. CWM LLC now owns 7,630 shares of the company’s stock worth $62,000 after purchasing an additional 1,332 shares in the last quarter. Finally, Creative Planning bought a new position in shares of Global Business Travel Group during the second quarter worth $67,000. 82.46% of the stock is owned by institutional investors.

Key Stories Impacting Global Business Travel Group

Here are the key news stories impacting Global Business Travel Group this week:

• Positive Sentiment: Take‑private deal: Long Lake Management agreed to acquire American Express Global Business Travel (GBTG) for $9.50 per share in an all‑cash transaction valuing the company at roughly $6.3 billion — the clear near‑term catalyst pushing the stock higher and explaining elevated volume. WSJ: Take‑Private Deal
• Positive Sentiment: Deal rationale & buyer focus: Long Lake says the acquisition will allow GBT to be privately held and invest in applied AI to scale services — a strategic pitch that supports the premium paid and could justify operational changes post‑close. PYMNTS: Long Lake rationale
• Positive Sentiment: Strong quarterly revenue performance: GBTG reported Q1 revenue of $840M (up ~35% year‑over‑year) and management highlighted robust results in a press release, reinforcing fundamentals ahead of the deal close. Company press release: Q1 results
• Neutral Sentiment: Market coverage and volume: Multiple outlets flagged the acquisition and earnings, driving a surge in trading volume as investors re‑price the stock to the $9.50 offer; this is market mechanics rather than new fundamental information. Investing.com: Surge coverage
• Neutral Sentiment: Mixed EPS headlines: Some outlets reported GBTG met or beat Q1 EPS estimates while others show slightly different EPS figures; revenue strength appears the more consistent positive takeaway. Zacks: Q1 EPS report
• Negative Sentiment: Shareholder fairness probe: Law firm Halper Sadeh LLC is investigating whether shareholders are receiving a fair price, introducing litigation risk or pushback that could delay closing or pressure the final economics for sellers. This represents the primary near‑term downside risk to the deal. Rutland Herald: Investigation

Global Business Travel Group Company Profile

Global Business Travel Group (NYSE: GBTG), formerly known as American Express Global Business Travel, is a provider of end-to-end corporate travel management solutions. The company helps organizations plan, book and manage business travel, meetings and events through an integrated suite of services. Its offerings include traveller support, expense management, virtual and in-person meeting services, data analytics and duty-of-care solutions tailored to enterprise customers.

Operating under a global network of offices and digital platforms, Global Business Travel Group serves clients across the Americas, EMEA and Asia Pacific.