There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Trip.com Group Ltd. Sponsored ADR (TCOM – Research Report) and Chindata Group Holdings (CD – Research Report) with bullish sentiments.
Trip.com Group Ltd. Sponsored ADR (TCOM)
Jefferies analyst Thomas Chong maintained a Buy rating on Trip.com Group Ltd. Sponsored ADR today and set a price target of $48.00. The company’s shares closed last Wednesday at $34.29.
According to TipRanks.com, Chong is a 3-star analyst with an average return of
Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $47.75.
See the top stocks recommended by analysts >>
Chindata Group Holdings (CD)
In a report released yesterday, Edison Lee from Jefferies maintained a Buy rating on Chindata Group Holdings, with a price target of $10.73. The company’s shares closed last Wednesday at $6.94.
According to TipRanks.com, Lee is ranked #6787 out of 8405 analysts.
Currently, the analyst consensus on Chindata Group Holdings is a Moderate Buy with an average price target of $10.17.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on TCOM:
- BABA, Other Chinese Stocks Risk Impact of Manufacturing Slump
- TCOM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Citi opens ‘positive catalyst watch’ on Trip.com into earnings
- What Are Analysts Predicting for These Two SGX Shares?
- Trip.com Group management to meet virtually with Benchmark
