ThinkEquity Analysts Begin Coverage on Ctrip.com International (CTRP)

By admin | 6 years ago

Equities researchers at ThinkEquity assumed coverage on shares of Ctrip.com International (NASDAQ: CTRP) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

Ctrip.com International traded down 1.59% on Wednesday, hitting $19.20. Ctrip.com International has a 52-week low of $19.30 and a 52-week high of $49.73. The company has a market cap of $2.761 billion and a price-to-earnings ratio of 17.40.

Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie initiated coverage on shares of Ctrip.com International in a research note to investors on Tuesday, March 27th. They set a “neutral” rating on the stock. Separately, analysts at Barclays Capital (NYSE: BCS) initiated coverage on shares of Ctrip.com International in a research note to investors on Friday, March 16th. They set an “underweight” rating on the stock. Finally, analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Ctrip.com International in a research note to investors on Wednesday, February 22nd.

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

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