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CGS International Remains a Buy on Trip.com Group Ltd. (9961)

Tipranks - Tipranks - Fri Jan 23, 3:28AM CST

CGS International analyst Lei Yang CFA maintained a Buy rating on Trip.com Group Ltd. yesterday and set a price target of HK$551.00. The company’s shares closed today at HK$482.60.

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Yang CFA covers the Consumer Cyclical sector, focusing on stocks such as Alibaba Group Holding Ltd., Trip.com Group Ltd., and Haidilao International Holding. According to TipRanks, Yang CFA has an average return of 14.6% and a 60.71% success rate on recommended stocks.

In addition to CGS International, Trip.com Group Ltd. also received a Buy from J.P. Morgan’s Alex Yao in a report issued on January 16. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Trip.com Group Ltd. (HKEX: 9961).

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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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