Ctrip.com International Ltd. (NASDAQ:CTRP) : The consensus price target for Ctrip.com International Ltd. (NASDAQ:CTRP) is $51.62 for the short term with a standard deviation of $3.52. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $55, however, the pessimist price target for the company is $44.
Shares of Ctrip.com International Ltd. appreciated by 1.35% during the last five trading days but lost 7.04% on a 4-week basis. Ctrip.com International Ltd. has dropped 8.12% during the last 3-month period . Year-to-Date the stock performance stands at -11.07%. Also, Equity Analysts at the Brean Capital maintains the rating on Ctrip.com International Ltd. (NASDAQ:CTRP). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency lowers the price target from $56 per share to $52 per share. The rating by the firm was issued on June 16, 2016.
Ctrip.com International Ltd. (NASDAQ:CTRP) has an average broker rating of 1.19, which is interpreted as a Strong Buy, as rated by 8 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
Ctrip.com International Ltd. (NASDAQ:CTRP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.47 and $40.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.20, notching a gain of 1.73% for the day. The total traded volume was 3,933,138 . The stock had closed at $40.50 on the previous day.
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.