BidaskClub Downgrades Ctrip.Com International (CTRP) to Hold
Ctrip.Com International (NASDAQ:CTRP) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Saturday.
A number of other equities research analysts have also recently issued reports on CTRP. Zacks Investment Research upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. JPMorgan Chase & Co. cut Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price objective on the stock. in a research note on Thursday, December 7th. Oppenheimer restated a “buy” rating and issued a $53.00 price objective on shares of Ctrip.Com International in a research note on Tuesday, December 12th. Morgan Stanley started coverage on Ctrip.Com International in a research note on Friday, January 5th. They issued a “weight” rating and a $48.00 price objective on the stock. Finally, Guggenheim cut Ctrip.Com International from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $55.85.
Shares of Ctrip.Com International (NASDAQ:CTRP) opened at $45.63 on Friday. Ctrip.Com International has a 52 week low of $42.65 and a 52 week high of $60.65. The stock has a market capitalization of $23,890.00, a PE ratio of 72.43, a P/E/G ratio of 5.10 and a beta of 1.85. 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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