Ctrip.Com International (NASDAQ:CTRP) was downgraded by J P Morgan Chase & Co from an “overweight” rating to a “neutral” rating in a research report issued on Thursday.
Several other equities analysts have also recently issued reports on CTRP. BidaskClub cut shares of Ctrip.Com International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Cowen reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Ctrip.Com International in a research note on Tuesday, August 22nd. Instinet reaffirmed a “buy” rating and issued a $61.00 price objective on shares of Ctrip.Com International in a research note on Tuesday, September 5th. Oppenheimer reaffirmed a “buy” rating and issued a $62.00 price objective on shares of Ctrip.Com International in a research note on Thursday, August 31st. Finally, Zacks Investment Research upgraded shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $57.82.
Ctrip.Com International (NASDAQ:CTRP) opened at $45.28 on Thursday. The stock has a market cap of $23,583.38, a P/E ratio of 76.58 and a beta of 1.73. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. Ctrip.Com International has a 52 week low of $39.71 and a 52 week high of $60.65.
About Ctrip.Com International
Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.
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