Daiwa Capital Reports Rating Change From “Outperform” On Ctrip.com International (NASDAQ:CTRP).

June 27, 2018 - By Mary Bollinger

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

On Tuesday morning expert analysts at Daiwa Capital upped Ctrip.com International (NASDAQ:CTRP)‘s shares rating to “Buy” from “Outperform”. CTRP’s rating change was published in a research report.

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

A total of 10 analysts rate Ctrip.com International (NASDAQ:CTRP) as follows: 5 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:CTRP) has 11 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, January 26 the stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) earned “Outperform” rating by Oppenheimer. On Tuesday, June 26 the company was upgraded by Daiwa Securities. In Monday, May 21 report TH Data Capital upgraded the stock to “Buy” rating. On Monday, February 26 the stock has “Hold” rating by TH Capital. On Tuesday, January 23 the firm earned “Neutral” rating by Guggenheim. In Wednesday, June 6 report Oppenheimer maintained it with “Buy” rating and $5400 target. On Thursday, March 15 Cowen & Co maintained Ctrip.com International, Ltd. (NASDAQ:CTRP) with “Buy” rating. On Monday, March 19 JP Morgan maintained the shares of CTRP in report with “Neutral” rating. On Monday, March 19 the firm earned “Buy” rating by Nomura.

CTRP is hitting $47.1 during the last trading session, after decreased 0.46%.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%.

On August, 29 WallStreet anticipated Ctrip.com International, Ltd. (NASDAQ:CTRP)’s earnings release, according to RTT. EPS of $0.09 is 0.00 % from 2017’s $0.09 EPS. CTRP’s profit could be $49.07M if the current EPS of $0.09 is accurate. -80.00 % negative EPS growth is what Wall Street’s sees after $0.45 reported EPS previous quarter.

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.55.61 is the P/E ratio. 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 published recently go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “Ctrip Is Undeniably Overvalued” published on June 21, 2018, “Ctrip’s Prospects Appear Solid” on June 25, 2018, “Daiwa Securities Upgrades Ctrip.com (CTRP) to Outperform ‘Ahead of 2H18 Recovery'” with a publish date: June 26, 2018, “Trip.com Hong Kong Launches Airport Transfer Car Service” 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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