Benchmark Maintains Buy on Travelzoo

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Benchmark is out with its report today on Travelzoo
TZOO
, reiterating Buy. In a note to clients, Benchmark writes, "Travelzoo trades at 43x our 2011E EPS of $1.64 and 24x our 2012E EPS of $2.65. Travelzoo stands well-positioned to benefit from the global recovery in travel advertising and building consumer interest in Local Deals. Using a PEG of 1.5x, or 75x 2011E EPS of $1.64, our price target is $123 per share. We rate TZOO Buy." Shares of TZOO closed Friday at $70.48, down 0.84% from Thursday's close.
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Posted In: Analyst ColorAnalyst RatingsBenchmarkInformation TechnologyInternet Software & Servicestravelzoo
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