Somewhat Positive Media Coverage Somewhat Unlikely to Impact Ctrip.Com International (CTRP) Share Price

Media stories about Ctrip.Com International (NASDAQ:CTRP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ctrip.Com International earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.6544968592472 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

A number of brokerages have commented on CTRP. J P Morgan Chase & Co cut shares of Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price target on the stock. in a research report on Thursday. Oppenheimer reaffirmed an “outperform” rating and set a $62.00 price target (down previously from $65.00) on shares of Ctrip.Com International in a research report on Friday, August 25th. KeyCorp reaffirmed a “hold” rating on shares of Ctrip.Com International in a research report on Friday, September 1st. Zacks Investment Research raised shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, Instinet reaffirmed a “buy” rating and set a $61.00 price target on shares of Ctrip.Com International in a research report on Tuesday, September 5th. Six equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $56.75.

Shares of Ctrip.Com International (NASDAQ:CTRP) traded down $1.52 during midday trading on Thursday, hitting $43.76. 11,232,688 shares of the stock traded hands, compared to its average volume of 4,197,601. Ctrip.Com International has a 52-week low of $39.71 and a 52-week high of $60.65. The firm has a market capitalization of $23,583.38, a price-to-earnings 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.

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Ctrip.Com International Company Profile

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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