Ctrip.Com International Ltd (ADR)’s Stock Is Buy After Today’s Bullish Options Activity

 Ctrip.Com International Ltd (ADR)'s Stock Is Buy After Today's Bullish Options Activity

In today’s session Ctrip.Com International Ltd (ADR) (CTRP) registered an unusually high (482) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the June, 2017 call, expecting serious CTRP increase. With 482 contracts traded and 514 open interest for the Jun, 17 contract, it seems this is a quite bullish bet. The option with symbol: CTRP170616C00045000 closed last at: $5.1 or 13.3% up. About 1.29 million shares traded hands. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 0.36% since April 28, 2016 and is uptrending. It has underperformed by 5.57% the S&P500.

Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) Ratings Coverage

Out of 15 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 15 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $130 is the highest target while $5 is the lowest. The $64.77 average target is 44.29% above today’s ($44.89) stock price. Ctrip.com International Ltd. has been the topic of 32 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, August 6 report. The firm earned “Strong Buy” rating on Friday, November 13 by Raymond James. The stock has “Buy” rating given by Piper Jaffray on Friday, August 14. The firm has “Outperform” rating given on Tuesday, October 27 by Oppenheimer. The stock has “Buy” rating given by CLSA on Friday, February 19. The rating was maintained by Oppenheimer on Thursday, September 17 with “Outperform”. As per Friday, February 19, the company rating was upgraded by Credit Agricole. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) earned “Buy” rating by Brean Capital on Thursday, November 19. The rating was maintained by Piper Jaffray with “Overweight” on Thursday, November 19. The rating was upgraded by Goldman Sachs to “Buy” on Monday, October 26.

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.”

Ctrip.com International, Ltd. is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The company has a market cap of $22.03 billion. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It has a 151.88 P/E ratio. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.

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.

More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Fool.com which released: “There’s a Lot Happening at Ctrip.com International Ltd (ADR) — and the Market …” on November 26, 2016, also Marketwatch.com with their article: “Ctrip.com International Ltd. ADR” published on December 21, 2009, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. More interesting news about Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) were released by: Fool.com and their article: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” published on August 25, 2016 as well as Fool.com‘s news article titled: “Earnings Show No Surprises at Ctrip.com International, Ltd. (ADR)” with publication date: September 01, 2016.

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