Ctrip.com International Ltd. (NASDAQ:CTRP) : 8 investment research analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP) have an average price target of $51.62 for the near short term. The highest target price given by the Brokerage Firm to the stock is $55 and the lowest target is $44 for the short term. Analysts expect the variance to be within $3.52 of the average price.
Other Equity analysts have also commented on the company shares. Brokerage firm Brean Capital maintains its rating on Ctrip.com International Ltd. (NASDAQ:CTRP). As per the latest information, the brokerage house lowers the price target to $52 per share from a prior target of $56. The shares have been rated Buy. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 16, 2016.
Ctrip.com International Ltd. (NASDAQ:CTRP): stock turned positive on Thursday. Though the stock opened at $40.51, the bulls momentum made the stock top out at $40.97 level for the day. The stock recorded a low of $40.04 and closed the trading day at $40.65, in the green by 1.37%. The total traded volume for the day was 3,955,844. The stock had closed at $40.1 in the previous days trading.
The company shares have rallied 8.60% from its 1 Year high price. On Nov 19, 2015, the shares registered one year high at $57.36 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $42.77 and the 200 Day Moving Average price is recorded at $43.71.
Ctrip.com International, Ltd. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. The Company aggregates hotel and flight information to enable business and leisure travelers to make informed bookings. The Company also helps customers book tour packages and guided tours. In addition, its corporate travel management services help corporate clients manage their travel requirements. The Company also offers Internet-related advertising and other related services. The Company enables its customers to choose and reserve hotel rooms in cities throughout China and abroad; book and purchase transportation tickets for domestic and international flights and trains, and choose and reserve packaged tours that include transportation and accommodations, as well as guided tours and other value-added services in some instances.