BidaskClub upgraded shares of Ctrip.Com International (NASDAQ:CTRP) from a sell rating to a hold rating in a research note released on Tuesday morning, BidAskClub reports.

Other analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Ctrip.Com International from a sell rating to a buy rating and set a $45.00 target price for the company in a research report on Friday, March 8th. Deutsche Bank upgraded shares of Ctrip.Com International from a hold rating to a buy rating and set a $48.00 target price for the company in a research report on Tuesday, March 5th. CLSA upgraded shares of Ctrip.Com International from an underperform rating to a buy rating and boosted their target price for the company from $31.00 to $42.00 in a research report on Tuesday, March 5th. Citigroup upgraded shares of Ctrip.Com International from a neutral rating to a buy rating in a research report on Tuesday, March 5th. Finally, Benchmark restated a buy rating on shares of Ctrip.Com International in a research report on Tuesday, March 5th. Eight equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $43.15.

Shares of CTRP stock opened at $34.54 on Tuesday. Ctrip.Com International has a 52 week low of $25.00 and a 52 week high of $51.91. The company has a market capitalization of $19.04 billion, a PE ratio of 36.74, a P/E/G ratio of 2.50 and a beta of 1.61. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.14 and a quick ratio of 1.14.

Ctrip.Com International (NASDAQ:CTRP) last announced its quarterly earnings results on Wednesday, May 22nd. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.22. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Ctrip.Com International had a net margin of 14.70% and a return on equity of 3.61%. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.55 earnings per share. Equities research analysts anticipate that Ctrip.Com International will post 0.88 EPS for the current fiscal year.

Large investors have recently modified their holdings of the business. Advisory Services Network LLC lifted its holdings in Ctrip.Com International by 500.0% during the first quarter. Advisory Services Network LLC now owns 600 shares of the company’s stock valued at $26,000 after purchasing an additional 500 shares in the last quarter. FTB Advisors Inc. purchased a new position in Ctrip.Com International during the first quarter valued at approximately $31,000. Parallel Advisors LLC purchased a new position in Ctrip.Com International during the fourth quarter valued at approximately $32,000. First Mercantile Trust Co. purchased a new position in shares of Ctrip.Com International in the fourth quarter worth $35,000. Finally, Cornerstone Advisors Inc. lifted its holdings in shares of Ctrip.Com International by 255.7% in the first quarter. Cornerstone Advisors Inc. now owns 818 shares of the company’s stock worth $36,000 after buying an additional 588 shares in the last quarter. 62.22% of the stock is currently owned by institutional investors and hedge funds.

Ctrip.Com International Company Profile

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.

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

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