Evercore Downgrades Global Business Travel Group (NYSE:GBTG) to Hold

Global Business Travel Group (NYSE:GBTG - Get Free Report) was downgraded by equities researchers at Evercore from a "strong-buy" rating to a "hold" rating in a research report issued on Monday,Zacks.com reports.

Several other analysts have also recently weighed in on GBTG. Weiss Ratings cut shares of Global Business Travel Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday. Bank of America initiated coverage on shares of Global Business Travel Group in a research note on Tuesday, April 7th. They set a "neutral" rating and a $6.50 price objective on the stock. Citigroup decreased their price objective on shares of Global Business Travel Group from $11.00 to $9.00 and set a "buy" rating on the stock in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft set a $8.20 price objective on shares of Global Business Travel Group in a research note on Wednesday, March 11th. Finally, Lake Street Capital set a $9.50 price objective on shares of Global Business Travel Group in a research note on Monday. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $8.90.

Global Business Travel Group Price Performance

Shares of Global Business Travel Group stock opened at $9.50 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 55.89, a P/E/G ratio of 2.96 and a beta of 0.75. Global Business Travel Group has a 1-year low of $4.95 and a 1-year high of $9.54. The firm's 50-day moving average price is $5.70 and its two-hundred day moving average price is $6.77.

Global Business Travel Group (NYSE:GBTG - Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.05. The firm had revenue of $840.00 million for the quarter, compared to analysts' expectations of $814.55 million. Global Business Travel Group had a net margin of 2.93% and a return on equity of 2.59%. The firm's quarterly revenue was up 35.3% compared to the same quarter last year. On average, equities analysts predict that Global Business Travel Group will post 0.11 earnings per share for the current fiscal year.

Institutional Trading of Global Business Travel Group

Several hedge funds have recently modified their holdings of the stock. Redwood Capital Management LLC bought a new stake in shares of Global Business Travel Group during the third quarter valued at approximately $173,347,000. Vanguard Group Inc. grew its stake in shares of Global Business Travel Group by 24.7% during the fourth quarter. Vanguard Group Inc. now owns 13,857,451 shares of the company's stock valued at $106,010,000 after purchasing an additional 2,744,068 shares during the last quarter. Attestor Capital Ltd bought a new stake in shares of Global Business Travel Group during the fourth quarter valued at approximately $67,917,000. Anchorage Capital Advisors L.P. bought a new stake in shares of Global Business Travel Group during the third quarter valued at approximately $58,073,000. Finally, Monarch Alternative Capital LP bought a new stake in shares of Global Business Travel Group during the third quarter valued at approximately $57,680,000. 82.46% of the stock is owned by institutional investors.

Global Business Travel Group News Summary

Here are the key news stories impacting Global Business Travel Group this week:

• Positive Sentiment: Take‑private deal: Long Lake Management agreed to acquire American Express Global Business Travel (GBTG) for $9.50 per share in an all‑cash transaction valuing the company at roughly $6.3 billion — the clear near‑term catalyst pushing the stock higher and explaining elevated volume. WSJ: Take‑Private Deal
• Positive Sentiment: Deal rationale & buyer focus: Long Lake says the acquisition will allow GBT to be privately held and invest in applied AI to scale services — a strategic pitch that supports the premium paid and could justify operational changes post‑close. PYMNTS: Long Lake rationale
• Positive Sentiment: Strong quarterly revenue performance: GBTG reported Q1 revenue of $840M (up ~35% year‑over‑year) and management highlighted robust results in a press release, reinforcing fundamentals ahead of the deal close. Company press release: Q1 results
• Neutral Sentiment: Market coverage and volume: Multiple outlets flagged the acquisition and earnings, driving a surge in trading volume as investors re‑price the stock to the $9.50 offer; this is market mechanics rather than new fundamental information. Investing.com: Surge coverage
• Neutral Sentiment: Mixed EPS headlines: Some outlets reported GBTG met or beat Q1 EPS estimates while others show slightly different EPS figures; revenue strength appears the more consistent positive takeaway. Zacks: Q1 EPS report
• Negative Sentiment: Shareholder fairness probe: Law firm Halper Sadeh LLC is investigating whether shareholders are receiving a fair price, introducing litigation risk or pushback that could delay closing or pressure the final economics for sellers. This represents the primary near‑term downside risk to the deal. Rutland Herald: Investigation

Global Business Travel Group Company Profile

Global Business Travel Group NYSE: GBTG, formerly known as American Express Global Business Travel, is a provider of end-to-end corporate travel management solutions. The company helps organizations plan, book and manage business travel, meetings and events through an integrated suite of services. Its offerings include traveller support, expense management, virtual and in-person meeting services, data analytics and duty-of-care solutions tailored to enterprise customers.

Operating under a global network of offices and digital platforms, Global Business Travel Group serves clients across the Americas, EMEA and Asia Pacific.

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