Airbnb (NASDAQ:ABNB) is gaining some serious attention from Wall Street. As COVID-19-associated restrictions continue to ease around the globe, the vacation home rental platform has scored a Buy rating from Berenberg Bank alongside a target price of $143.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The coverage initiation from Berenberg comes fresh on the heels of Bernstein analyst Richard Clarke initiating coverage on Airbnb with a Buy rating and a $143 price target as well.
What is the Target Price for ABNB Stock?
The stock currently has 14 Buys, 13 Holds, and a Sell which means the Street still remains cautiously optimistic about Airbnb with a Moderate Buy consensus rating.
The average analyst price target of $140.04 indicates 26.38% upside potential for ABNB stock. That’s after a nearly 36% slide in its share price year-to-date.
