Daiwa Capital Upgraded Ctrip.com International (NASDAQ:CTRP)’s Rating On Jun 27, 2018.

June 27, 2018 - By Daniel Cummings

Daiwa Capital Upped Ctrip.com International (NASDAQ:CTRP)’s Stock Rating to “Buy”.

The shares rating of Ctrip.com International (NASDAQ:CTRP) was increased to “Buy” from “Outperform” by expert analysts at Daiwa Capital. On 26 June the increase was published in an analyst note.

Ctrip.com International, Ltd. (NASDAQ:CTRP) Ratings Coverage

In total 10 analysts cover Ctrip.com International (NASDAQ:CTRP). “Buy” rating has 5, “Sell” are 0, while 5 are “Hold”. 50% are bullish. 11 are the (NASDAQ:CTRP)’s analyst reports since January 23, 2018 according to StockzIntelligence Inc. In Friday, January 26 report Oppenheimer maintained it with “Outperform” rating and $53 target. On Wednesday, June 6 the rating was maintained by Oppenheimer with “Buy”. The stock rating was upgraded by Daiwa Securities to “Buy” on Tuesday, June 26. On Tuesday, January 23 the firm has “Neutral” rating by Guggenheim given. On Monday, March 19 the company was maintained by Nomura. On Monday, May 21 the stock has “Buy” rating by TH Data Capital. On Thursday, March 15 the firm has “Buy” rating given by Cowen & Co. On Monday, February 26 the rating was downgraded by TH Capital to “Hold”. In Monday, March 19 report JP Morgan maintained the stock with “Neutral” rating.

The stock decreased 0.46% or $0.22 during the last trading session, hitting $47.1.Currently Ctrip.com International, Ltd. is downtrending after 16.53% change in last June 27, 2017. CTRP has also 2.59 million shares volume. CTRP underperformed the S&P 500 by 29.10%.

Ctrip.com International, Ltd. (NASDAQ:CTRP) is expected to announce earnings on August, 29., according to Zacks. Analysts expect change of 0.00 % or $0.00 from previous year’s $0.09 earnings per share compared to current’s $0.09 earnings per share. If earnings per share of $0.09 is announced the profit of CTRP could be $49.07M giving it 130.83 P/E. Wall Street sees -80.00 % negative EPS growth as of August, 29.

Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China.The firm is worth $25.68 billion. The firm operates as an agent for hotel-related transactions; sells air tickets; and other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and flight dynamics.The P/E ratio is 55.61. It also provides independent leisure travelers bundled packaged-tour products comprising group tours, semi-group tours, and customized tours and packaged tours with various transportation arrangements, such as flights, cruises, and buses, as well as car rental services.

For more Ctrip.com International, Ltd. (NASDAQ:CTRP) news brought out briefly go to: Globenewswire.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Globenewswire.com. The titles are as follows: “Trip.com Hong Kong Launches Airport Transfer Car Service” brought out on June 05, 2018, “Ctrip’s Prospects Appear Solid” on June 25, 2018, “Ctrip (CTRP) Strengthens Relationship with Booking Holdings (BKNG), Expands Pact with Booking.com” with a publish date: June 11, 2018, “Ctrip Is Undeniably Overvalued” and the last “Ctrip’s First Oversea Gourmet List Ceremony held in Bangkok” with publication date: June 25, 2018.

Ctrip.com International, Ltd. (NASDAQ:CTRP) Analyst Ratings Chart

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