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Trip.com Group Ltd. (9961) Gets a Buy from Daiwa

Tipranks - Tipranks - Sat Feb 28, 6:44PM CST

In a report released on February 26, from Daiwa maintained a Buy rating on Trip.com Group Ltd., with a price target of HK$626.00. The company’s shares closed yesterday at HK$400.40.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trip.com Group Ltd. with a HK$611.15 average price target, which is a 52.63% upside from current levels. In a report released on February 26, DBS also maintained a Buy rating on the stock with a HK$563.00 price target.

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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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