Booking (NASDAQ:BKNG) Price Target Raised to $6,000.00 at Mizuho

Booking (NASDAQ:BKNG - Get Free Report) had its price target boosted by analysts at Mizuho from $5,400.00 to $6,000.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the business services provider's stock. Mizuho's price target suggests a potential upside of 20.47% from the stock's current price.

A number of other equities analysts have also weighed in on BKNG. Cantor Fitzgerald reissued a "neutral" rating and issued a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. Morgan Stanley increased their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Oppenheimer raised their price objective on Booking from $5,500.00 to $6,000.00 and gave the company an "outperform" rating in a report on Friday, December 6th. Jefferies Financial Group lifted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a "hold" rating in a research note on Tuesday, October 22nd. Finally, Piper Sandler boosted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $4,909.90.

Booking Stock Performance

BKNG traded up $37.05 during trading on Thursday, reaching $4,980.40. The stock had a trading volume of 273,412 shares, compared to its average volume of 245,962. The stock has a market cap of $164.84 billion, a PE ratio of 33.80, a PEG ratio of 2.11 and a beta of 1.41. The business has a 50-day moving average of $4,878.36 and a 200-day moving average of $4,226.95. Booking has a one year low of $3,180.00 and a one year high of $5,337.24.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its holdings in shares of Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider's stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider's stock valued at $2,073,508,000 after buying an additional 2,321 shares during the period. Fisher Asset Management LLC raised its holdings in Booking by 3.3% during the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider's stock valued at $1,763,797,000 after buying an additional 13,429 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider's stock valued at $1,249,311,000 after purchasing an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC lifted its position in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock worth $981,929,000 after acquiring an additional 233,052 shares during the period. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Company Profile

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.