Tripcom (TCOM) Receives a Buy from Oppenheimer


Oppenheimer analyst Jed Kelly assigned a Buy rating to Tripcom (TCOM) today and set a price target of $30.00. The company’s shares closed last Thursday at $25.34.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 11.0% and a 49.5% success rate. Kelly covers the Technology sector, focusing on stocks such as EverQuote, CarGurus, and Sabre.

Currently, the analyst consensus on Tripcom is a Moderate Buy with an average price target of $29.91.

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The company has a one-year high of $40.91 and a one-year low of $20.10. Currently, Tripcom has an average volume of 7.22M.

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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.

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