Alert: Major Price Decline (11/21/23)-Trip com Group Ltd (NASDAQ: TCOM).

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Trip com Group Ltd (NASDAQ: TCOM) stock closed at $32.78 on 11/21/23 after a major decline of -10.6%. The stock has declined -6.9% during the last week but has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

TCOM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Trip com Group has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Trip com Group has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 65, producing the Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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