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Trip.com Group Ltd. (9961) Receives a Buy from J.P. Morgan

Tipranks - Thu Jan 15, 10:08AM CST

In a report released today, Alex Yao from J.P. Morgan maintained a Buy rating on Trip.com Group Ltd., with a price target of HK$700.00.

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According to TipRanks, Yao is a 4-star analyst with an average return of 8.2% and a 51.28% success rate. Yao covers the Communication Services sector, focusing on stocks such as Baidu, Baidu, Inc. Class A, and AutoHome.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trip.com Group Ltd. with a HK$672.51 average price target.

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

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