Shenwan Hongyuan Reaffirms Their Buy Rating on Trip.com Group Ltd. (9961)
Shenwan Hongyuan analyst maintained a Buy rating on Trip.com Group Ltd. yesterday and set a price target of HK$657.00.
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In a report released on November 19, CGS-CIMB also reiterated a Buy rating on the stock with a HK$693.00 price target.
Based on Trip.com Group Ltd.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$14.84 billion and a net profit of HK$4.85 billion. In comparison, last year the company earned a revenue of HK$12.77 billion and had a net profit of HK$3.83 billion
Read More on HK:9961:
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- Trip.com Group Ltd. Buy Rating: Strong Financial Performance and Growth Prospects Amid Travel Demand Recovery
- Trip.com price target raised to $85 from $83 at BofA
- Trip.com Group’s Strong Q3 Performance and Strategic Expansion Justify Buy Rating
- Trip.com Group: Strong Financial Performance and Promising Growth Drive Buy Rating
- Trip.com price target raised to $86 from $85 at Citi
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