Guotai Haitong analyst maintained a Buy rating on Tongcheng Travel Holdings Limited on June 8 and set a price target of HK$30.00. The company’s shares closed yesterday at HK$14.02.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tongcheng Travel Holdings Limited with a HK$23.85 average price target, representing a 70.11% upside. In a report released on May 25, Jefferies also maintained a Buy rating on the stock with a HK$20.30 price target.
Based on Tongcheng Travel Holdings Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$4.67 billion and a net profit of HK$641.81 million. In comparison, last year the company earned a revenue of HK$4.25 billion and had a net profit of HK$433.69 million
