Despegar.com Corp (DESP) Shares Down 4.44% on Dec 4

Shares of Despegar.com Corp (DESP, Financial) fell 4.44% in mid-day trading on Dec 4. The stock reached an intraday low of $16.45, before recovering slightly to $16.68, down from its previous close of $17.45. This places DESP 12.24% below its 52-week high of $19.00 and 107.92% above its 52-week low of $8.02. Trading volume was 458,109 shares, 41.3% of the average daily volume of 1,109,334.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 6 analysts, the average target price for Despegar.com Corp (DESP, Financial) is $19.00 with a high estimate of $25.00 and a low estimate of $14.00. The average target implies an upside of 13.94% from the current price of $16.68. More detailed estimate data can be found on the Despegar.com Corp (DESP) Forecast page.

Based on the consensus recommendation from 6 brokerage firms, Despegar.com Corp’s (DESP, Financial) average brokerage recommendation is currently 2.5, indicating “Outperform” status. The rating scale ranges…