Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) Given Average Recommendation of "Buy" by Analysts

Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM - Get Free Report) has been given an average recommendation of "Buy" by the ten ratings firms that are covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $81.25.Get Trip.com Group alerts:Travel Stocks Rally on Earnings—More Upside Ahead?A number of equities analysts recently issued reports on the company. Barclays boosted their price objective on Trip.com Group from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Wednesday, November 19th. Citigroup lifted their target price on Trip.com Group from $85.00 to $86.00 and gave the stock a "buy" rating in a research report on Wednesday, November 19th. Weiss Ratings restated a "buy (b-)" rating on shares of Trip.com Group in a report on Monday, December 29th. Bank of America lifted their price objective on shares of Trip.com Group from $83.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, November 20th. Finally, Zacks Research upgraded shares of Trip.com Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 3rd.Read Our Latest Report on TCOMInstitutional Investors Weigh In On Trip.com GroupUnusual Options Activity Signals Bullish Shift to Travel StocksInstitutional investors and hedge funds have recently bought and sold shares of the company. Capital World Investors lifted its holdings in shares of Trip.com Group by 5.3% in the 3rd quarter. Capital World Investors now owns 37,884,726 shares of the company's stock worth $2,849,066,000 after buying an additional 1,912,238 shares during the period. ARGA Investment Management LP lifted its stake in Trip.com Group by 41.2% in the second quarter. ARGA Investment Management LP now owns 6,044,104 shares of the company's stock worth $354,426,000 after acquiring an additional 1,763,562 shares during the period. Norges Bank purchased a new stake in Trip.com Group in the second quarter worth about $45,205,000. CIBC Bancorp USA Inc. bought a new position in Trip.com Group during the 3rd quarter worth about $56,979,000. Finally, Sanders Capital LLC increased its position in Trip.com Group by 7.2% during the 3rd quarter. Sanders Capital LLC now owns 9,868,196 shares of the company's stock valued at $742,088,000 after purchasing an additional 662,230 shares during the period. 35.41% of the stock is owned by institutional investors. Trip.com Group Stock PerformanceTrip.com Group stock opened at $62.88 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a market capitalization of $41.08 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 2.10 and a beta of -0.13. Trip.com Group has a 1-year low of $51.35 and a 1-year high of $78.99. The company's 50-day moving average is $70.50 and its 200 day moving average is $69.54. Trip.com Group Company Profile (Get Free Report)Airbnb Stock Plummets After Earnings, But is It a Buy?Trip.com Group NASDAQ: TCOM is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners. Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.Featured StoriesFive stocks we like better than Trip.com GroupHow a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyYour Signature Is Missing – Act Before It’s Too LateThe $100 Trillion AI Story No One Is Telling YouNEW LAW: Congress Approves Setup For Digital Dollar?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Trip.com Group Right Now?Before you consider Trip.com Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trip.com Group wasn't on the list.While Trip.com Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here