Ctrip.Com International Ltd (NASDAQ:CTRP) Receives $42.81 Consensus PT from Brokerages

Ctrip.Com International Ltd (NASDAQ:CTRP) has received a consensus recommendation of “Buy” from the twenty-two brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $42.81.

Several analysts recently weighed in on the stock. BidaskClub raised shares of Ctrip.Com International from a “hold” rating to a “buy” rating in a research note on Saturday, November 2nd. ValuEngine cut shares of Ctrip.Com International from a “hold” rating to a “sell” rating in a research note on Monday, November 4th.

Shares of Ctrip.Com International stock traded up $0.49 during trading on Tuesday, hitting $38.94. The company’s stock had a trading volume of 6,902,787 shares, compared to its average volume of 3,979,754. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.07 and a quick ratio of 1.07. Ctrip.Com International has a 52 week low of $25.00 and a 52 week high of $46.50. The stock has a market cap of $21.26 billion, a price-to-earnings ratio of 41.43, a price-to-earnings-growth ratio of 48.04 and a beta of 1.61. The stock has a 50-day moving average price of $34.55 and a two-hundred day moving average price of $34.19.

Institutional investors and hedge funds have recently modified their holdings of the business. Assetmark Inc. boosted its position in Ctrip.Com International by 1,737.0% during the second quarter. Assetmark Inc. now owns 845 shares of the company’s stock valued at $31,000 after acquiring an additional 799 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Ctrip.Com International by 22.7% during the third quarter. Steward Partners Investment Advisory LLC now owns 2,700 shares of the company’s stock valued at $79,000 after acquiring an additional 500 shares during the last quarter. Westwood Holdings Group Inc. bought a new stake in Ctrip.Com International during the second quarter valued at $130,000. Ladenburg Thalmann Financial Services Inc. boosted its position in Ctrip.Com International by 21.2% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,619 shares of the company’s stock valued at $247,000 after acquiring an additional 1,333 shares during the last quarter. Finally, Natixis bought a new stake in Ctrip.Com International during the second quarter valued at $254,000. 61.40% of the stock is currently owned by institutional investors and hedge funds.

About Ctrip.Com International

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides 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, express security check, and real-time flight status.

See Also: What does the Dogs of the Dow mean?

Analyst Recommendations for Ctrip.Com International (NASDAQ:CTRP)

Receive News & Ratings for Ctrip.Com International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.Com International and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit