Do analysts expect shares of Trip.com Group Ltd (TCOM) to rise after falling -5.25% in one month?

Wall Street is positive on Trip.com Group Ltd (TCOM). On average, analysts give the stock a Strong Buy rating. The average price target is $31.25, which means analysts expect the stock to rise 35.34% over the next twelve months. This average ranking gives the stock an analyst rating of 58, which is better than 58% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts today rate TCOM as a Strong Buy. Find out what this means to you and get the rest of the leaderboard on TCOM!

Why are analyst ratings important?

Fundamental research of a company’s underlying health can be an extremely useful resource when making investment decisions. Analysts watch companies’ growth prospects and earnings forecasts to get a comprehensive view of particular industries. This data allows traders to react before the figures are officially released.

InvestorsObserver takes notes from these analysts and ranks these averages into percentiles. This allows you to compare stocks in depth and in more detail than common buy/hold/sell quotes.

What’s going on with the shares of Trip.com Group Ltd today?

Shares of Trip.com Group Ltd (TCOM) are trading at $23.09 at 10:43 a.m. on Wednesday, May 4, down -$0.45, or -1.91% from the previous closing price of $23.54. The stock has traded between $22.46 and $23.15 so far today. Today the volume is low. So far, 600,590 shares have been traded with an average volume of 4,804,030 shares. Click here for the full Trip.com Group Ltd stock report.

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