Credit Suisse Group upgraded shares of Priceline Group (NASDAQ:PCLN) to a buy rating in a research report report published on Wednesday.

A number of other equities research analysts also recently commented on the stock. Deutsche Bank reaffirmed a hold rating and issued a $2,050.00 target price on shares of Priceline Group in a research report on Tuesday, October 24th. Piper Jaffray Companies reaffirmed an overweight rating and issued a $2,000.00 target price on shares of Priceline Group in a research report on Tuesday, November 7th. Barclays reaffirmed a buy rating and issued a $2,150.00 target price on shares of Priceline Group in a research report on Wednesday, October 11th. Zacks Investment Research downgraded shares of Priceline Group from a hold rating to a sell rating in a research report on Tuesday, January 2nd. Finally, Stifel Nicolaus cut their price objective on shares of Priceline Group from $2,100.00 to $2,000.00 and set a buy rating for the company in a research report on Tuesday, November 7th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Priceline Group currently has a consensus rating of Buy and an average target price of $2,025.31.

Shares of Priceline Group (NASDAQ:PCLN) opened at $1,765.00 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.52 and a quick ratio of 2.52. Priceline Group has a 1 year low of $1,612.41 and a 1 year high of $2,067.99. The company has a market cap of $86,079.05, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 1.31 and a beta of 1.38.

In related news, Director Jan L. Docter sold 1,200 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $1,764.52, for a total value of $2,117,424.00. Following the completion of the transaction, the director now owns 142 shares of the company’s stock, valued at approximately $250,561.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gillian Tans sold 123 shares of the company’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,715.78, for a total transaction of $211,040.94. The disclosure for this sale can be found here. Insiders sold a total of 1,567 shares of company stock valued at $2,780,310 in the last ninety days. 0.24% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the stock. Horan Capital Advisors LLC. bought a new position in Priceline Group in the 3rd quarter worth $103,000. SeaCrest Wealth Management LLC bought a new position in Priceline Group in the 4th quarter worth $123,000. Mountain Capital Investment Advisors Inc bought a new position in Priceline Group in the 2nd quarter worth $133,000. Crewe Advisors LLC bought a new position in Priceline Group in the 4th quarter worth $176,000. Finally, Fieldpoint Private Securities LLC boosted its holdings in Priceline Group by 626.7% in the 3rd quarter. Fieldpoint Private Securities LLC now owns 109 shares of the business services provider’s stock worth $200,000 after buying an additional 94 shares during the period. 93.97% of the stock is owned by institutional investors.

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About Priceline Group

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.

Analyst Recommendations for Priceline Group (NASDAQ:PCLN)

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