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MakeMyTrip Limited (MMYT) [hlAlert]

Rating:
Buy MMYT
down 53.20 %

MakeMyTrip Limited (MMYT) rated Buy with price target $25 by Deutsche Bank

Posted on: Friday,  May 15, 2015  12:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy MakeMyTrip Limited (NASDAQ: MMYT) on 05/15/2015. Previously Deutsche Bank rated Buy MakeMyTrip Limited (NASDAQ: MMYT) on 10/30/2014.,
when the stock price was $28.12. Since then, MakeMyTrip Limited has lost 53.20% as of 01/12/2016's recent price of $13.16.
If you would have followed the previous Deutsche Bank's recommendation on MMYT, you would have lost 53.2% of your investment in 439 days.

MakeMyTrip Limited is an online travel company in India. The Company conducts its business principally through its Indian subsidiary, MakeMyTrip (India) Private Limited (MMT India). Through its primary Website, www.makemytrip.com, and other platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. Its services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to travel insurance. The Company provides its customers with access to all major domestic full-service and low-cost airlines operating in India and all major airlines operating to and from India, over 4,700 hotels in India and a selection of hotels outside India, Indian Railways and several major Indian bus operators. It segments include air ticketing and hotels and packages. In August 2011, it acquired 19.9% of Le Travenues Technology Private Limited.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/15/2015 12:25 PM Buy
None
18.61 25.00
as of 8/27/2015
1 Week down  -3.44 %
1 Month down  -36.51 %
3 Months down  -34.42 %
1 YTD down  -29.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2014 12:25 PM Buy
None
28.12 38.00
1/31/2014 2:25 PM Hold
None
26.77 21.00
11/1/2013 2:25 PM Hold
None
15.69 15.00

(*) Stock Price at the time of the recommendation.
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