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

Tipranks - Wed Mar 4, 11:34PM CST

CGS International analyst Lei Yang CFA maintained a Buy rating on Trip.com Group Ltd. yesterday and set a price target of HK$541.00.

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Yang CFA covers the Consumer Cyclical sector, focusing on stocks such as Trip.com Group Ltd., Meituan, and Haidilao International Holding. According to TipRanks, Yang CFA has an average return of 5.4% and a 38.71% success rate on recommended stocks.

In a report released on February 26, DBS also maintained a Buy rating on the stock with a HK$563.00 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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