News articles about Despegar Com (NYSE:DESP) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Despegar Com earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.0703305827997 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities research analysts recently commented on DESP shares. UBS Group initiated coverage on Despegar Com in a report on Monday, October 16th. They set a “neutral” rating and a $36.00 target price on the stock. KeyCorp initiated coverage on Despegar Com in a report on Monday, October 16th. They set an “overweight” rating and a $40.00 price objective on the stock. Guggenheim initiated coverage on Despegar Com in a research report on Thursday, September 28th. They issued a “buy” rating and a $38.00 target price for the company. Citigroup initiated coverage on Despegar Com in a research report on Tuesday, October 17th. They issued a “neutral” rating and a $34.00 target price for the company. Finally, Cowen reiterated a “buy” rating and issued a $35.00 target price on shares of Despegar Com in a research report on Sunday, November 19th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $35.00.
Shares of Despegar Com (NYSE:DESP) opened at $28.22 on Tuesday. Despegar Com has a 12 month low of $22.73 and a 12 month high of $34.70. The company has a market capitalization of $1,900.00 and a price-to-earnings ratio of 53.25.
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Despegar.com Corp is an Argentina-based travel agency. The Company’s activities are divided into two business segments: Air, as well as Packages, Hotels and Other Travel Products. The Air division focuses on the sale of airline tickets. The Packages, Hotels and Other Travel Products division includes sales of travel packages with or without airline tickets and hotel rooms, as well as stand-alone sales of hotel rooms, including vacation rentals, car rentals, bus tickets, cruise tickets, travel insurance and destination services.
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