Oppenheimer Sticks to Its Buy Rating for Ctripcom (CTRP)


In a report released today, Jed Kelly from Oppenheimer maintained a Buy rating on Ctripcom (CTRP). The company’s shares opened today at $26.28, close to its 52-week low of $25.

According to TipRanks.com, Kelly is ranked #3158 out of 5107 analysts.

Ctripcom has an analyst consensus of Hold, with a price target consensus of $33.36.

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Based on Ctripcom’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $167 million. In comparison, last year the company had a net profit of $184 million.

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Ctrip.com International Ltd. engages in the provision of travel-related services. It provides hotel accommodations, airline tickets, packaged tours, corporate travel management services, property management systems, and advertising services.

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