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Ctrip.com International, Ltd. (CTRP) Price Target Raised to $63.00

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20 June, 2017

The target implies a 0.09% spike from where the shares are now trading. It is down 31.59% since June 20, 2016 and is uptrending. It has outperformed by 73.26% the S&P500. Finally, FMR LLC raised its stake in shares of Ctrip.com global by 50.8% in the fourth quarter. Sit Investment Associates Inc. now owns 4,125 shares of the company's stock valued at $203,000 after buying an additional 500 shares during the last quarter. The legal version of this news story can be viewed at https://www.themarketsdaily.com/2017/06/19/ctrip-com-international-ltd-ctrp-shares-sold-by-comerica-bank-updated.html. It is 0.00% or $0 reaching $0 per share. About 2.69M shares traded.

More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Fool.com which released: "There's a Lot Happening at Ctrip.com International Ltd (ADR) - and the Market ..." on November 26, 2016, also Schaeffersresearch.com with their article: "Ctrip.com Options Traders Nearly Triple Their Money" published on May 25, 2017, Seekingalpha.com published: "Ctrip.com International's (CTRP) CEO James Liang on Q3 2016 Results - Earnings ..." on November 24, 2016. It has outperformed by 14.89% the S&P500. Ctrip.com International, Ltd. (CTRP) has made its way to a 12-month gain of 34.11%.

International Ltd. was covered by a number of analysts recently, 15 rated the stock as Buy, 17 rated Outperform, 3 rated Hold, 0 gave an Underperform and 0 rated sell. Therefore 94% are positive. ValuEngine raised Ctrip.com global from a "sell" rating to a "hold" rating in a research report on Friday, June 2nd. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 224,820 shares of the company's stock valued at $8,993,000 after buying an additional 26,248 shares in the last quarter. Baldwin Investment Management LLC purchased a new stake in shares of Ctrip.com worldwide during the first quarter worth about $206,000. Instinet reissued a "buy" rating and issued a $61.00 price objective on shares of Ctrip.com global in a research note on Friday, February 24th. Credit Suisse initiated the stock with "Outperform" rating in Friday, September 2 report. Morgan Stanley upgraded the stock to "Overweight" rating in Thursday, August 6 report.

Nordea Investment Management AB cut its position in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 13.4% during the first quarter, according to its most recent 13F filing with the SEC. Daiwa Capital Markets reissued a "buy" rating and set a $65.00 price target (up previously from $55.00) on shares of Ctrip.com worldwide in a research report on Sunday, May 14th. Finally, Morgan Stanley boosted their target price on shares of Ctrip.com worldwide from $52.00 to $57.00 and gave the stock an overweight rating in a research report on Thursday, February 23rd. The company was maintained on Thursday, June 16 by Brean Capital. Brean Capital maintained it with "Buy" rating and $130 target in Thursday, November 19 report. Investors measure stock performance on the basis of a company's earnings power. The company has a market cap of $27.50 billion, a P/E ratio of 778.53 and a beta of 1.57. The Firm operates through two divisions: Refining and Logistics.

Investors sentiment increased to 1.24 in 2016 Q4. Its down 0.03, from 0.91 in 2016Q3. It also reduced Ansys Inc (NASDAQ:ANSS) stake by 5,501 shares and now owns 71,119 shares.

The SMA20 for the stock is at -5.41 percent, SMA50 stands at -0.28 percent, while SMA200 is 12.24 Percent. Massachusetts Ma invested in 0% or 35,972 shares. (NYSE:DK). Nomura Asset Limited reported 3,100 shares stake. (NYSE:DK) for 79,000 shares. Raymond James Svcs Advsrs accumulated 155,971 shares. Voya Limited Liability Corp holds 57,688 shares. (NYSE:DK). 13,045 are held by First Midwest Bankshares Trust Division. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Since January 10, 2017, it had 0 insider purchases, and 9 insider sales for $1.05 million activity. 20,000 shares were sold by Erickson Gayn, worth $65,776. $114,573 worth of Delek US Holdings, Inc. Shares for $753,110 were sold by Schneider John M. Teachers Retirement System of The State of Kentucky now owns 154,000 shares of the company's stock worth $7,569,000 after buying an additional 36,000 shares during the last quarter.


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