At the time of writing, Global Business Travel Group Inc [GBTG] stock is trading at $6.60, up 2.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The GBTG shares have gain 2.96% over the last week, with a monthly amount glided 9.09%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Global Business Travel Group Inc [NYSE: GBTG] stock has seen the most recent analyst activity on December 15, 2023, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $8 for it. Previously, Evercore ISI started tracking the stock with Outperform rating on December 22, 2022, and set its price target to $8. On December 07, 2022, Citigroup initiated with a Neutral rating and assigned a price target of $6.50 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $7.10 on October 03, 2022. Credit Suisse initiated its recommendation with a Outperform and recommended $9 as its price target on September 30, 2022. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 14, 2022, and assigned it a price target of $9. In a note dated June 21, 2022, Redburn initiated an Buy rating and provided a target price of $12.50 on this stock.
For the past year, the stock price of Global Business Travel Group Inc fluctuated between $4.49 and $8.05. Currently, Wall Street analysts expect the stock to reach $8.5 within the next 12 months. Global Business Travel Group Inc [NYSE: GBTG] shares were valued at $6.60 at the most recent close of the market. An investor can expect a potential return of 28.79% based on the average GBTG price forecast.
Analyzing the GBTG fundamentals
According to Global Business Travel Group Inc [NYSE:GBTG], the company’s sales were 2.32B for trailing twelve months, which represents an 5.54% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.1 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.43 points at the first support level, and at 6.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.68, and for the 2nd resistance point, it is at 6.77.
Ratios To Look Out For
It is important to note that Global Business Travel Group Inc [NYSE:GBTG] has a current ratio of 1.50. On the other hand, the Quick Ratio is 1.50, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 2.66.
