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Trip.com Group Sponsored ADR (TCOM) Receives a Buy from J.P. Morgan

Tipranks - Tipranks - Thu Jan 15, 10:08AM CST

In a report released yesterday, Alex Yao from J.P. Morgan maintained a Buy rating on Trip.com Group Sponsored ADR, with a price target of $90.00.

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Yao covers the Communication Services sector, focusing on stocks such as Baidu, Baidu, Inc. Class A, and AutoHome. According to TipRanks, Yao has an average return of 8.2% and a 51.28% success rate on recommended stocks.

In a report released today, Citi also maintained a Buy rating on the stock with a $86.00 price target.

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Based on Trip.com Group Sponsored ADR’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $18.34 billion and a net profit of $19.89 billion. In comparison, last year the company earned a revenue of $15.87 billion and had a net profit of $6.77 billion

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