tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Cyclical Companies: Airbnb (ABNB), TripAdvisor (TRIP) and Costco (COST)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Airbnb (ABNBResearch Report), TripAdvisor (TRIPResearch Report) and Costco (COSTResearch Report).

Airbnb (ABNB)

In a report released today, Ronald Josey from Citi maintained a Buy rating on Airbnb, with a price target of $167.00. The company’s shares closed last Wednesday at $157.90.

According to TipRanks.com, Josey is a top 100 analyst with an average return of 23.6% and a 57.6% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Zillow Group Class A, and Fiverr International.

Currently, the analyst consensus on Airbnb is a Hold with an average price target of $152.86, representing a -2.7% downside. In a report issued on May 1, Bernstein also maintained a Buy rating on the stock with a $179.00 price target.

See the top stocks recommended by analysts >>

TripAdvisor (TRIP)

BTIG analyst Jake Fuller maintained a Buy rating on TripAdvisor yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $18.16.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 4.5% and a 47.3% success rate. Fuller covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and Expedia.

TripAdvisor has an analyst consensus of Hold, with a price target consensus of $26.25.

Costco (COST)

In a report released yesterday, Edward Kelly from Wells Fargo maintained a Hold rating on Costco, with a price target of $750.00. The company’s shares closed last Wednesday at $763.41, close to its 52-week high of $787.08.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 9.3% and a 63.4% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Performance Food Group, and United Natural Foods.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $785.90 average price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ABNB:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles