Is Corporate Travel Management Ltd a Buy? The Stock Rises Again

 Is Corporate Travel Management Ltd a Buy? The Stock Rises Again

The stock of Corporate Travel Management Ltd (ASX:CTD) is a huge mover today! The stock increased 1.83% or $0.31 on November 18, hitting $17.21. About 270,991 shares traded hands. Corporate Travel Management Ltd (ASX:CTD) has risen 19.93% since April 22, 2016 and is uptrending. It has outperformed by 15.50% the S&P500.
The move comes after 6 months positive chart setup for the $1.68B company. It was reported on Nov, 18 by Barchart.com. We have $21.51 PT which if reached, will make ASX:CTD worth $420.00 million more.

More notable recent Corporate Travel Management Ltd (ASX:CTD) news were published by: Fool.com.Au which released: “Corporate Travel Management Ltd reports: Next stop $20?” on August 26, 2016, also Fool.com.Au with their article: “Why the Corporate Travel Management Ltd share price is climbing higher today” published on May 11, 2016, Fool.com.Au published: “Should you buy shares of Corporate Travel Management Ltd?” on February 26, 2016. More interesting news about Corporate Travel Management Ltd (ASX:CTD) were released by: Fool.com.Au and their article: “Will the Corporate Travel Management share price hit $20?” published on September 06, 2016 as well as Fool.com.Au‘s news article titled: “Corporate Travel Management Ltd share price hits a 52-week high: Is it too …” with publication date: April 20, 2016.

Corporate Travel Management Limited is an Australia travel management company, which is engaged in the provision of travel services. The company has a market cap of $1.68 billion. The Firm is engaged in managing the purchase and delivery of travel services for its clients. It has a 40.25 P/E ratio. The Firm operates through four divisions: Travel Services Australia and New Zealand, Travel Services North America, Travel Services Asia and Travel Services Europe.

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