0732 GMT - Trip.com's share valuation now appears relatively attractive to its bull at Citi after a recent share-price correction. The company likely has decent visibility on its 3Q results, which is expected to come in November, Citi analysts write in a note. The Chinese online travel agency's 3Q revenue likely rose 14.2% on year, bolstered by growth in domestic, outbound travel and international segments, they note.The analysts maintain their 3Q adjusted operating profit margin estimate at 32%, but see potential for the margin to expand, citing efficiency improvement for Trip.com's China business and more prudent marketing spending. Citi maintains a buy rating and a US$85.00 target on Trip.com's ADRs, which last closed at US$$70.16. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
October 15, 2025 03:32 ET (07:32 GMT)
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