Booking (BKNG) – Investment Analysts’ Recent Ratings Changes

Posted by Defense World Staff on Nov 5th, 2024

Booking (NASDAQ: BKNG) has recently received a number of price target changes and ratings updates:

11/4/2024 – Booking had its price target raised by analysts at Citigroup Inc. from $4,100.00 to $5,500.00. They now have a “buy” rating on the stock.
11/1/2024 – Booking had its price target raised by analysts at Susquehanna from $4,100.00 to $5,500.00. They now have a “positive” rating on the stock.
11/1/2024 – Booking had its price target raised by analysts at Royal Bank of Canada from $3,900.00 to $5,250.00. They now have an “outperform” rating on the stock.
11/1/2024 – Booking had its price target raised by analysts at The Goldman Sachs Group, Inc. from $3,940.00 to $4,510.00. They now have a “neutral” rating on the stock.
11/1/2024 – Booking had its price target raised by analysts at JMP Securities from $5,000.00 to $5,400.00. They now have a “market outperform” rating on the stock.
11/1/2024 – Booking was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
11/1/2024 – Booking had its price target raised by analysts at Morgan Stanley from $4,200.00 to $4,600.00. They now have an “equal weight” rating on the stock.
11/1/2024 – Booking had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $4,900.00 to $5,200.00. They now have a “buy” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at Barclays PLC from $4,500.00 to $5,100.00. They now have an “overweight” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at Oppenheimer Holdings Inc. from $5,000.00 to $5,500.00. They now have an “outperform” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at BMO Capital Markets from $4,205.00 to $5,155.00. They now have an “outperform” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at Bank of America Co. from $4,448.00 to $4,850.00. They now have a “neutral” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at Piper Sandler from $3,560.00 to $4,900.00. They now have a “neutral” rating on the stock.
10/31/2024 – Booking was downgraded by analysts at Argus from a “strong-buy” rating to a “hold” rating.
10/31/2024 – Booking had its price target raised by analysts at UBS Group AG from $5,050.00 to $5,550.00. They now have a “buy” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at B. Riley from $4,650.00 to $5,100.00. They now have a “buy” rating on the stock.
10/31/2024 – Booking had its price target raised by analysts at DA Davidson from $4,100.00 to $5,005.00. They now have a “buy” rating on the stock.
10/29/2024 – Booking had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $4,600.00 price target on the stock.
10/25/2024 – Booking had its price target raised by analysts at Oppenheimer Holdings Inc. from $4,200.00 to $5,000.00. They now have an “outperform” rating on the stock.
10/25/2024 – Booking had its price target raised by analysts at Wedbush from $3,900.00 to $4,750.00. They now have an “outperform” rating on the stock.
10/25/2024 – Booking had its price target raised by analysts at Bank of America Co. from $3,950.00 to $4,448.00. They now have a “neutral” rating on the stock.
10/24/2024 – Booking had its price target raised by analysts at Mizuho from $4,250.00 to $4,800.00. They now have an “outperform” rating on the stock.
10/24/2024 – Booking was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
10/23/2024 – Booking had its price target raised by analysts at UBS Group AG from $4,350.00 to $5,050.00. They now have a “buy” rating on the stock.
10/22/2024 – Booking had its price target raised by analysts at Jefferies Financial Group Inc. from $4,200.00 to $4,300.00. They now have a “hold” rating on the stock.
10/16/2024 – Booking was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
10/15/2024 – Booking had its price target raised by analysts at JMP Securities from $3,950.00 to $5,000.00. They now have a “market outperform” rating on the stock.
10/8/2024 – Booking had its price target raised by analysts at Barclays PLC from $3,900.00 to $4,500.00. They now have an “overweight” rating on the stock.
10/8/2024 – Booking had its price target raised by analysts at Wells Fargo & Company from $3,976.00 to $4,173.00. They now have an “equal weight” rating on the stock.
10/7/2024 – Booking had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $3,590.00 price target on the stock.
9/30/2024 – Booking had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $3,590.00 price target on the stock.
9/23/2024 – Booking had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $3,590.00 price target on the stock.
9/6/2024 – Booking is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $4,100.00 price target on the stock.

Booking Stock Performance

Shares of BKNG opened at $4,776.46 on Tuesday. The firm has a market capitalization of $158.09 billion, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.52 and a beta of 1.38. Booking Holdings Inc. has a one year low of $2,888.45 and a one year high of $4,856.60. The stock’s fifty day moving average is $4,156.53 and its 200-day moving average is $3,896.46.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Friday, December 6th. Booking’s dividend payout ratio (DPR) is 23.75%.

Insider Activity

In related news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Booking by 0.4% during the first quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider’s stock worth $10,718,390,000 after acquiring an additional 12,456 shares during the period. Janus Henderson Group PLC grew its holdings in Booking by 4.5% during the first quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock worth $1,865,949,000 after acquiring an additional 21,969 shares during the period. Ninety One UK Ltd grew its holdings in Booking by 3.1% during the second quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock worth $1,421,069,000 after acquiring an additional 10,889 shares during the period. Mawer Investment Management Ltd. grew its holdings in Booking by 29.2% during the first quarter. Mawer Investment Management Ltd. now owns 193,515 shares of the business services provider’s stock worth $702,049,000 after acquiring an additional 43,743 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Booking during the third quarter worth about $5,322,600,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.