Published On: Wed, Oct 19th, 2016

MakeMyTrip Limited (NASDAQ:MMYT) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for MakeMyTrip Limited (NASDAQ:MMYT).

06/03/2016 – Broker: Nomura Rating: neutral New Target: 14 upgrade

01/29/2016 – Broker: Goldman Sachs Rating: neutral New Target: 16.9 reiteration

01/29/2016 – Broker: Deutsche Bank Rating: hold New Target: 16 reiteration

05/16/2015 – Broker: Oppenheimer Rating: outperform New Target: 30 reiteration

03/18/2015 – Broker: Citigroup Rating: buy reiteration

01/30/2015 – Broker: Jefferies Rating: buy New Target: 35 reiteration

01/13/2015 – Broker: Bank of America Merrill Lynch Rating: buy New Target: 34 newcoverage

12/31/2014 – Broker: Zacks Rating: outperform New Target: 30.9 upgrade

05/28/2014 – Broker: FBR Capital Markets Rating: market perform New Target: 20 reiteration

03/24/2014 – Broker: Barclays Rating: equal weight New Target: 26 newcoverage

01/07/2014 – Broker: Morgan Stanley Rating: equal weight New Target: 19 reiteration

10/21/2013 – Broker: Thomson Reuters/Verus Rating: hold upgrade

The average price target from the most recent broker reports is 24.18

The stock increased +44.36% (+9.05) during the last days session, reaching 29.45 and roughly 8188287 shares were bought or sold by traders. MakeMyTrip Limited (NASDAQ:MMYT) has increased by +76.35% over 12 months.

MakeMyTrip Limited is an online travel company in India. The Company’s services and products include air ticketing, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to third-party travel insurance and visa processing. Its segments include Air ticketing, which provides the facility to book international and domestic air tickets through an Internet-based platform; Hotels and packages, which provides holiday packages and hotel reservations through an Internet-based platform, call-centers and branch offices, and Others, which include advertisement income from hosting advertisements on its Internet Web-sites, income from sale of rail and bus tickets and income from facilitating Website access to a travel insurance company. Through the Company’s Website,, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas.