Price Target Raised; Estimates Raised
Yatra Online (NASDAQ: YTRA) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Raise Price Target To $4.00 (From $3.50); We Think 1Q:F22 Was A Trough Quarter; Project Sequential Revenue Improvement; Solid Financials, In Our View; Maintain Moderate Risk Rating.”
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About Yatra Online, Inc.
Yatra Online is the parent company of Yatra Online Pvt. Ltd., which is based in Gurugram, India, and is India’s leading corporate travel services provider with over 700+ corporate customers and one of India’s leading online travel companies and operates the website www.Yatra.com. The company provides information, pricing, availability and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in-city activities, inter-city and point-to-point cabs, homestays and cruises. As a leading platform of accommodation options, Yatra provides real-time bookings for more than 94,000 hotels in India and over 2,000,000 hotels around the world. The company has also further expanded its digital offerings in non-travel categories such as freight forwarding services.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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