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RBC Capital Keeps Their Buy Rating on Booking Holdings (BKNG)

Tipranks - Tipranks - Fri Feb 20, 6:29AM CST

RBC Capital analyst Brad Erickson maintained a Buy rating on Booking Holdings today and set a price target of $6,100.00.

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According to TipRanks, Erickson is a 5-star analyst with an average return of 18.9% and a 53.46% success rate. Erickson covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Angi.

In addition to RBC Capital, Booking Holdings also received a Buy from Barclays’s Trevor Young in a report issued today. However, on the same day, Piper Sandler maintained a Hold rating on Booking Holdings (NASDAQ: BKNG).

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Based on Booking Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $9.01 billion and a net profit of $2.75 billion. In comparison, last year the company earned a revenue of $7.99 billion and had a net profit of $2.52 billion

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