Can analysts adopt a bullish outlook for Ctrip.com International, Ltd. (NASDAQ:CTRP)?

April 16, 2018 - By Peter Erickson

Ctrip.com International, Ltd. (NASDAQ:CTRP) Ratings Coverage

Among 10 analysts covering Ctrip.com International Ltd (NASDAQ:CTRP), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Ctrip.com International Ltd had 13 analyst reports since October 31, 2017 according to SRatingsIntel. JP Morgan maintained the stock with “Neutral” rating in Monday, March 19 report. The firm has “Buy” rating by Nomura given on Monday, March 19. Oppenheimer maintained Ctrip.com International, Ltd. (NASDAQ:CTRP) rating on Friday, January 26. Oppenheimer has “Outperform” rating and $53 target. The firm earned “Buy” rating on Thursday, March 15 by Cowen & Co. Cowen & Co maintained the shares of CTRP in report on Thursday, December 7 with “Buy” rating. The firm earned “Hold” rating on Monday, February 26 by TH Capital. The firm has “Hold” rating by J.P. Morgan given on Thursday, December 7. Benchmark maintained Ctrip.com International, Ltd. (NASDAQ:CTRP) rating on Thursday, November 2. Benchmark has “Buy” rating and $52.0 target. JP Morgan downgraded the shares of CTRP in report on Thursday, December 7 to “Neutral” rating. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) has “Neutral” rating given on Tuesday, January 23 by Guggenheim. Below is a list of Ctrip.com International, Ltd. (NASDAQ:CTRP) latest ratings and price target changes.

19/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $45 New Target: $43 Maintain
19/03/2018 Broker: Nomura Old Rating: Buy New Rating: Buy Old Target: $55 New Target: $57 Maintain
15/03/2018 Broker: Cowen & Co Rating: Buy New Target: $55.0 Maintain
26/02/2018 Broker: TH Capital Rating: Hold Downgrade
05/02/2018 Broker: Deutsche Bank Rating: Hold New Target: $50 Initiates Coverage On
30/01/2018 Broker: Wells Fargo Rating: Market Perform New Target: $50 Initiates Coverage On
26/01/2018 Broker: Oppenheimer Old Rating: Outperform New Rating: Outperform Old Target: $53 New Target: $53 Maintain
23/01/2018 Broker: Guggenheim Old Rating: Buy New Rating: Neutral Downgrade
07/12/2017 Broker: Cowen & Co Rating: Buy New Target: $47.0 Maintain
07/12/2017 Broker: J.P. Morgan Rating: Hold New Target: $45.0 Downgrade

The stock decreased 2.28% or $1 during the last trading session, reaching $42.91. About 2.73 million shares traded. Ctrip.com International, Ltd. (NASDAQ:CTRP) has declined 6.07% since April 16, 2017 and is downtrending. It has underperformed by 17.62% the S&P500.

Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the PeopleÂ’s Republic of China. The company has market cap of $22.47 billion. The firm operates as an agent for hotel-related transactions; sells air tickets; and other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and flight dynamics. It has a 70.81 P/E ratio. It also provides independent leisure travelers bundled packaged-tour products comprising group tours, semi-group tours, and customized tours and packaged tours with various transportation arrangements, such as flights, cruises, and buses, as well as car rental services.

Ctrip.com International, Ltd. (NASDAQ:CTRP) Ratings Chart

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