Trip.com To See Sunny Days Ahead

TipRanks2021-05-26

The worst of the storm is in the rear view mirror for the Trip.com Group (TCOM), as vaccinated nations shrug off COVID-19 fears and return to making travel bookings. The Chinese multinational is ...

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}","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2138200143","pubTimestamp":1622032213,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The worst of the storm is in the rear view mirror for the Trip.com Group (TCOM), as vaccinated natio","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TCOM":"携程网"},"translate_title":"Trip.com看到未来的晴天","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TCOM":0.9},"content_text":"The worst of the storm is in the rear view mirror for the Trip.com Group (TCOM), as vaccinated nations shrug off COVID-19 fears and return to making travel bookings. The Chinese multinational is poised to capture consumers' shifting interests and is even in the process of adapting its platform to a new multimedia-focused model.  (See TCOM stock analysis on TipRanks) \nOn TipRanks, TCOM is considered a Strong Buy based on 11 Buy and 2 Hold ratings. The stock has an average analyst price target of $47, reflecting a potential upside of 18.18%. \n\n\n\nLeo Chiang of Deutsche Bank released a report on the company, reiterating a Buy rating and assigning a price target of $50, reflecting a potential upside of 25.72%.\nChiang was optimistic about future Chinese air ticketing sales and hotel reservation growth, stating that the company saw double digit volume in March. He also mentioned that the company’s management is hopeful about the resurgence of international travel from the U.S. and Europe.  \nChiang added that Trip.com plans to “transform itself from a search-and-book model to a one-stop platform that not only serves as a purchasing platform but also a travel inspiration hub.” This will include videos and other multimedia in order to engage consumers with bespoke marketing content. \nChiang believes that consumer behavior has changed permanently, post-pandemic. 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