Nomura analyst Jialong Shi maintained a Buy rating on Tripcom (NASDAQ:TCOM) on Monday, setting a price target of $32, which is approximately 18.08% above the present share price of $27.1.
Shi expects Tripcom to post earnings per share (EPS) of -$8.98 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Tripcom, with an average price target of $31.
The analysts price targets range from a high of $35 to a low of $27.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.73 billion and a net profit of -$1.51 billion. The company's market cap is $16.52 billion.
According to TipRanks.com, Nomura analyst Jialong Shi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 72.16% success rate.
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.