Argus Research analyst Steven Silver reiterated a Buy rating on Travelzoo (TZOO – Research Report) on May 11 and set a price target of $19.00. The company’s shares closed last Friday at $5.09, close to its 52-week low of $5.05.
According to TipRanks.com, Silver is ranked #3914 out of 7995 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Travelzoo with a $14.50 average price target, a 166.5% upside from current levels. In a report issued on April 26, Barrington also maintained a Buy rating on the stock with a $12.00 price target.
The company has a one-year high of $14.95 and a one-year low of $5.05. Currently, Travelzoo has an average volume of 91.82K.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TZOO in relation to earlier this year. Most recently, in April 2022, Holger Bartel, the Global Chief Executive Officer of TZOO bought 540,000 shares for a total of $1,884,600.
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Travelzoo operates as a global media commerce company that engages in the provision of information to subscribers and website users about travel, entertainment and local deals available from various companies. Its publications and products include the Travelzoo website (travelzoo.com); the Travelzoo iPhone and Android apps; the Travelzoo Top 20 e-mail newsletter; and the Newsflash e-mail alert service. Travelzoo was founded by Ralph Bartel on May 21, 1998 and is headquartered in New York, NY.
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