In a report issued on March 29, Leo Chiang from Deutsche Bank maintained a Buy rating on TripCom Group (TCOM – Research Report), with a price target of $31.00. The company’s shares closed last Thursday at $23.12.
According to TipRanks.com, Chiang is ranked #7625 out of 7928 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TripCom Group with a $29.60 average price target, implying a 25.1% upside from current levels. In a report issued on March 25, CLSA also maintained a Buy rating on the stock with a $35.00 price target.
The company has a one-year high of $42.04 and a one-year low of $14.29. Currently, TripCom Group has an average volume of 7.02M.
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Trip.com Group Ltd. engages in the provision of travel-related services. It provides hotel accommodations, airline tickets, packaged tours, corporate travel management services, property management systems, and advertising services. The company was founded by Jian Zhang Liang, Min Fan, Nan Peng Shen, and Qi Ji in June 1999 and is headquartered in Shanghai, China.
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