Jefferies Financial released a research report on July 1st, stating that considering the trend of the industry's average revenue per available room (RevPAR) this season, the forecast for the total revenue growth of Ctrip in the next quarter remains unchanged, with an expected YoY increase of 13%. The company's market share is still growing, and it also offers customized products for different age groups. The bank expects the same YoY growth in total revenue in the third quarter as in the second quarter. Inbound and outbound tourism and penetration into lower-tier cities will be future growth opportunities. The bank maintained its "buy" rating on the stock and set a target price of HKD 544.
大行评级｜杰富瑞：维持携程“买入”评级 目标价为544港元
Jefferies Financial maintains a "buy" rating for Ctrip, with a target price of HKD 544.
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