Bernstein Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $85
Morgan Stanley Downgrades Trip.com(TCOM.US) to Hold Rating, Raises Target Price to $81
Major banks rating丨Daiwa: Raised Ctrip's Target Price to HKD 780, the development of inbound tourism Business can become a strong catalyst.
Daiwa published a research report indicating that Trip.com, Ctrip's overseas platform, has been steadily increasing its market share since 2024. It is expected that China's latest visa-free policy will continue to bring inbound tourism opportunities to the company. Currently, the forecast predicts that Ctrip's inbound tourism revenue will double by 2025, accounting for about 28% of Trip.com’s income and approximately 4% of the group’s overall revenue. It is believed that the development of the inbound tourism business can become a strong catalyst. Daiwa continues to list Ctrip as one of its preferred stocks and has raised its revenue and earnings per share forecasts for 2025 to 2026 by 0.2% to 1.2%, reflecting the contribution of inbound tourism revenue.
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Trip.com Group Limited's (NASDAQ:TCOM) Stock Been Rising: Are Strong Financials Guiding The Market?
