Airbnb (ABNB) Gets a Buy Rating from Jefferies

Jefferies analyst John Colantuoni maintained a Buy rating on Airbnb (ABNBResearch Report) yesterday and set a price target of $225.00. The company’s shares closed last Monday at $158.39.

According to TipRanks.com, Colantuoni has 0 stars on 0-5 stars ranking scale with an average return of -14.4% and a 31.5% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as ACV Auctions, Carvana Co, and Vroom.

Airbnb has an analyst consensus of Moderate Buy, with a price target consensus of $197.36, implying a 27.9% upside from current levels. In a report issued on April 19, Citigroup also upgraded the stock to Buy with a $200.00 price target.

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Airbnb’s market cap is currently $101.8B and has a P/E ratio of -208.63.

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Founded in 2007, California-based Airbnb, Inc. is an online marketplace which connects hosts and guests online or through mobile devices to book travel services and accommodation facilities worldwide. The company provides apartments, villas, bungalows, private homestays, and tourism services.

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