Credit Suisse Assumes International Ltd. (ADR) to Outperform

Brokerage firm Credit Suisse Assumes its rating on International Ltd. (ADR)(NASDAQ:CTRP). The shares have been rated Outperform. The rating by Credit Suisse was issued on Sep 2, 2016.

In a different note, On Jul 25, 2016, Goldman Sachs said it Assumes its rating on International Ltd. (ADR). The shares have been rated ‘Buy’ by the firm. On Jun 16, 2016, Brean Capital said it Maintains its rating on International Ltd. (ADR). In the research note, the firm Lowers the price-target to $56.00 per share. The shares have been rated ‘Buy’ by the firm. International Ltd. (ADR) (CTRP) made into the market gainers list on Thursdays trading session with the shares advancing 3.40% or 1.61 points. Due to strong positive momentum, the stock ended at $48.96, which is also near the day’s high of $49.16. The stock began the session at $47.05 and the volume stood at 1,16,43,392 shares. The 52-week high of the shares is $57.36 and the 52 week low is $30.115. The company has a current market capitalization of $22,627 M and it has 46,21,59,940 shares in outstanding. 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. 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *