Research Alert: CFRA Keeps Buy Opinion On Adss Of Trip.com Group

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our target price of USD66 (from USD60) i

MT Newswires48minutes ago

CMBI Maintains Trip.com(TCOM.US) With Buy Rating, Raises Target Price to $65.8

CMBI analyst Saiyi HE maintains $Trip.com(TCOM.US)$ with a buy rating, and adjusts the target price from $49 to $65.8.According to TipRanks data, the analyst has a success rate of 67.1% and a total av

moomoo News53minutes ago

Barclays Maintains Trip.com(TCOM.US) With Buy Rating, Raises Target Price to $76

Barclays analyst Jiong Shao maintains $Trip.com(TCOM.US)$ with a buy rating, and adjusts the target price from $60 to $76.According to TipRanks data, the analyst has a success rate of 50.6% and a tota

moomoo News53minutes ago

[Broker Focus] Minsheng Securities maintains Ctrip Group's (09961) “recommended” rating, indicating that it is expected to fully resume outbound business in Q2

Jinwu Financial News | Minsheng Securities Research Report said that on May 21, 2024, Ctrip Group (09961) released unaudited Q1 results for 2024, 24Q1 net revenue of 11.9 billion yuan, yoy +29% (over Bloomberg's agreed forecast of 11.6 billion yuan); net profit to mother of 4.3 billion yuan, net profit of 36.2%; 3.4 billion yuan (profit margin 36.7%) for the same period last year; profit margin of 34.1%; profit margin for the same period last year was 2.1 billion yuan (non-GAAP profit margin) 22.5%) Company stay

金吾財訊02:50 ET

[Broker Focus] Guoxin Securities maintains Ctrip Group's (09961) “buy” rating, indicating that domestic tourism is expected to continue to thrive

Jinwu Financial News | According to Guoxin Securities Research Report, the net profit of Ctrip Group (09961) increased strongly in the first quarter of 2024. Domestic travel continues to benefit from the increase in online penetration rates, the restoration of the boom in outbound travel, and the rapid expansion of international business, and outstanding growth in inbound tourism. According to the bank, in the first quarter after compensatory demand, the profit margin of the company's main business continued to improve year-on-year, indicating profit flexibility and good independent control of marketing efficiency brought about by the recovery of the company's high-margin outbound travel boom. Looking ahead to the future, from an industry perspective, housing prices in the hotel industry have declined somewhat. In addition, the domestic leisure travel base is relatively low during the same period last year. The company is expected to be domestic

金吾財訊02:49 ET

Trip.com's Sun on China Tourism Recovery

Yahoo Finance00:28 ET