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DBS Reaffirms Their Buy Rating on Trip.com Group Ltd. (9961)

Tipranks - Tipranks - Sat Feb 28, 2:12AM CST

DBS analyst Andy Yu CFA maintained a Buy rating on Trip.com Group Ltd. yesterday. The company’s shares closed today at HK$400.40.

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Yu CFA covers the Technology sector, focusing on stocks such as GDS Holdings Ltd., VNET Group, Inc. Sponsored ADR, and Adobe. According to TipRanks, Yu CFA has an average return of 0.7% and a 37.63% success rate on recommended stocks.

Currently, the analyst consensus on Trip.com Group Ltd. is a Strong Buy with an average price target of HK$625.50.

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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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