Ctrip.com International Ltd. (NASDAQ:CTRP)’s share price fell 1.3% during trading on Thursday . The stock traded as low as $45.50 and last traded at $45.76, with a volume of 1,662,038 shares traded. The stock had previously closed at $46.38.

Several research firms have commented on CTRP. Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $55.00 price target on shares of Ctrip.com International in a research note on Thursday. Goldman Sachs Group Inc. began coverage on shares of Ctrip.com International in a research note on Monday, July 25th. They issued a “buy” rating and a $52.00 price target for the company. Zacks Investment Research upgraded shares of Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 19th. Bank of America Corp. restated a “buy” rating and issued a $52.00 price target on shares of Ctrip.com International in a research note on Tuesday, June 21st. Finally, Piper Jaffray Cos. restated an “overweight” rating and issued a $50.00 price target on shares of Ctrip.com International in a research note on Friday, June 17th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $54.57.

The stock has a 50-day moving average of $43.56 and a 200-day moving average of $42.85. The stock has a market capitalization of $20.90 billion and a PE ratio of 104.43.

Ctrip.com International (NASDAQ:CTRP) last released its quarterly earnings results on Wednesday, June 15th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.62) by $3.71. Equities analysts predict that Ctrip.com International Ltd. will post ($0.65) EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the company. Jennison Associates LLC increased its stake in Ctrip.com International by 17,380.5% in the fourth quarter. Jennison Associates LLC now owns 828,053 shares of the company’s stock valued at $38,364,000 after buying an additional 823,316 shares during the period. BNP Paribas Arbitrage SA increased its stake in Ctrip.com International by 686.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 340,010 shares of the company’s stock valued at $15,753,000 after buying an additional 296,752 shares during the period. BlackRock Advisors LLC increased its stake in Ctrip.com International by 142.5% in the fourth quarter. BlackRock Advisors LLC now owns 304,389 shares of the company’s stock valued at $14,102,000 after buying an additional 178,855 shares during the period. Bank of Montreal Can increased its stake in Ctrip.com International by 288.6% in the fourth quarter. Bank of Montreal Can now owns 231,216 shares of the company’s stock valued at $10,713,000 after buying an additional 171,710 shares during the period. Finally, Tiger Pacific Capital LP purchased a new stake in Ctrip.com International during the fourth quarter valued at about $4,480,000.

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.

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