Ctrip.com International Rating Increased to Hold at Brean Murray Carret & Co. (CTRP)

By admin | 6 years ago

Ctrip.com International (NASDAQ: CTRP) was upgraded by analysts at Brean Murray Carret & Co. to a “hold” rating in a research report issued to clients and investors on Thursday.

CTRP has been the subject of a number of other recent research reports. Analysts at Raymond James (NYSE: RJF) upgraded shares of Ctrip.com International from an “underperform” rating to a “market perform” rating in a research note to investors on Thursday. Separately, analysts at Brean Murray upgraded shares of Ctrip.com International from a “sell” rating to a “hold” rating in a research note to investors on Thursday. Finally, analysts at Mirae Asset upgraded shares of Ctrip.com International from a “hold” rating to a “buy” rating in a research note to investors on Monday. They now have a $28.00 price target on the stock, up previously from $26.00.

Ctrip.com International opened at 20.91 on Thursday. Ctrip.com International has a 52-week low of $20.55 and a 52-week high of $47.54. The company has a market cap of $3.004 billion and a price-to-earnings ratio of 19.90.

Ctrip.com International last posted its quarterly earnings results on Wednesday, May 16th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The company’s revenue for the quarter was up 19.0% on a year-over-year basis. Analysts expect that Ctrip.com International will post $0.28 EPS next quarter.

Ctrip.com International, Ltd. (Ctrip) is a travel service provider for hotel accommodations, airline tickets and packaged tours in China.

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