ABNB Has Received A Hold Recommendation

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ABNB
ABNB

The stocks of ABNB have already received a hold rating by around thirty-six different analysts that have already covered the stocks of the firm. Around two of the investment analysts rating the stocks have given it a rating of sell, while twenty-one of them have given it a rating of hold. Eleven other analysts have provided the company with a rating of buy. The price target of the company as set by brokerages has been $175.46.

Stock Commentary of ABNB

There have been quite a few research analysts that have currently produced their opinion on the shares of ABNB. Tigress Financial has already started covering the stocks of the firm in an 8th January research report. The price rating set by them has been buy. Needham & Company LLC has also increased the target price of the company from $200 to $225, along with a rating of buy in a 4th March research report.

DA Davidson has gone down the same road, with a price target of $172 increased to $210, with a rating of buy in a 4th January research report. Wells Fargo & Company has given the company a rating of equal weight, with a price target of $160 in a 4th January research report. In the end, Truist Securities also increased the price target of the company from $154 to $180 with a rating of hold in a 9th March research report. 

The stocks of ABNB traded on Friday at $194.39. The year low of the company is $121.50, while the year high of the company has been set at $219.94. The moving average price of the company over 50 days is $195.94. 

The shares of ABNB previously released their quarterly data on the 24th of February. The EPS reported by the company over the period was $10.84, which missed out on the analyst estimate of about $9.18.