Brokerage firm Brean Capital Maintains its rating on Ctrip.com International Ltd. (ADR)(NASDAQ:CTRP). In a research note issued to the investors, the brokerage major Lowers the price-target to $52.00 per share. The shares have been rated Buy. Previously, the analysts had a Buy rating on the shares. The rating by Brean Capital was issued on Jun 16, 2016.
Ctrip.com International Ltd. (ADR) (CTRP) made into the market gainers list on Tuesdays trading session with the shares advancing 1.30% or 0.51 points. Due to strong positive momentum, the stock ended at $39.64, which is also near the day’s high of $40.14. The stock began the session at $39.43 and the volume stood at 44,70,355 shares. The 52-week high of the shares is $57.36 and the 52 week low is $27.25. The company has a current market capitalization of $18,320 M and it has 46,21,59,940 shares in outstanding.
Ctrip.com International Ltd. (ADR)(CTRP) last announced its earnings results on Jun 15, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $682.25M. Analysts had an estimated revenue of $4.16B. Earnings per share were $0.09. Analysts had estimated an EPS of $-3.75.
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.