The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) is a huge mover today! About 3.78M shares traded hands or 4.13% up from the average. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has declined 16.61% since April 13, 2016 and is downtrending. It has underperformed by 20.54% the S&P500.
The move comes after 9 months positive chart setup for the $20.56 billion company. It was reported on Nov, 15 by Barchart.com. We have $53.93 PT which if reached, will make NASDAQ:CTRP worth $5.96 billion more.
Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) Ratings Coverage
Out of 15 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 14 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 93% are positive. Ctrip.com International Ltd. has been the topic of 31 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) on Monday, October 26 to “Buy” rating. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, October 27 report. The company was maintained on Thursday, September 17 by Oppenheimer. The firm earned “Outperform” rating on Wednesday, August 5 by Oppenheimer. On Friday, January 22 the stock rating was initiated by Nomura with “Buy”. The firm has “Buy” rating by Credit Agricole given on Friday, February 19. The firm earned “Buy” rating on Monday, September 21 by Summit Research. Zacks downgraded the stock to “Buy” rating in Monday, August 10 report. The rating was downgraded by Raymond James to “Strong Buy” on Friday, November 13. The firm earned “Buy” rating on Friday, February 19 by CLSA.
According to Zacks Investment Research, “Ctrip.com International, Ltd. is a leading travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip targets primarily business and leisure travelers in China who do not travel in group. These travelers form a traditionally under-served yet fast-growing segment of the China travel industry. Ctrip has experienced substantial growth and become one of the best-known travel brands in China.”
More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Fool.com which released: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” on August 25, 2016, also Marketwatch.com with their article: “Ctrip.com International Ltd. ADR” published on December 21, 2009, Fool.com published: “Earnings Show No Surprises at Ctrip.com International, Ltd. (ADR)” on September 01, 2016. More interesting news about Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) were released by: Quotes.Wsj.com and their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011 as well as Fool.com‘s news article titled: “Ctrip.com International, Ltd. (ADR): Growth Remains Impressive” with publication date: November 19, 2015.
CTRP Company Profile
Ctrip.com International, Ltd. (Ctrip), incorporated on March 1, 2000, is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Firm 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. In addition, it offers a range of other travel-related services, including travelers’ reviews, attraction tickets, travel-related financing and car services, and travel insurance and visa services to meet the various booking and travelling needs of both leisure and business travelers. The Firm also offers Internet-related advertising and other related services.
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