Despegar.com (DESP): “Overweight” Rating was Kept by Equity Research Analysts at KeyBanc; with Target Price per Share of $30.

June 27, 2018 - By Joshua Cleveland

Reiterated Despegar.com (DESP) Rating.

Despegar.com (DESP) had $30 target given by KeyBanc in an analyst report revealed to clients on 26 June. Stock analysts’s TP means a potential upside of 40.65 % from the company’s stock close price.

Despegar.com, Corp. (NYSE:DESP) Ratings Coverage

Total analysts of 2 have positions in Despegar.com Corp. (DESP) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since January 11, 2018 according to StockzIntelligence Inc Despegar.com Corp. has 3 analyst reports. On Tuesday, June 26 the company was maintained by KeyBanc Capital Markets. The company rating was upgraded by UBS on Thursday, January 11.

DESP is hitting $21.33 during the last trading session, after decreased 3.05%.Despegar.com, Corp. is after having 0.00% since June 27, 2017. DESP has 449,955 volume or 16.75% up from normal. DESP underperformed the S&P 500 by 12.57%.

On August, 9. Investors wait Despegar.com, Corp. (NYSE:DESP) to reveal its quarterly earnings, according to RTT. If earnings per share of $0.05 is published the profit of DESP could be $3.46M giving it 106.65 P/E. Last quarter $0.24 earnings per share was reported. Analysts sees -79.17 % negative EPS growth this quarter.

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products through its Websites and mobile applications in Latin America.The company has $1.47 billion market cap. It operates through two divisions, Air; and Packages, Hotels and Other Travel Products.The P/E ratio is 31.55. The firm offers airline tickets, packages, hotels, and other travel-related products under the Despegar and Decolar brands, which enable clients to find, compare, plan, and purchase travel products through its marketplace.

There’s a substantial Despegar.com, Corp. (NYSE:DESP) news announced by Seekingalpha.com. It’s a report titled: “Despegar Remains Expensive After The Recent Selloff” on June 18, 2018.

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