Ctrip.com International Ltd. (NASDAQ:CTRP)’s share price traded down 2% during trading on Friday . The company traded as low as $47.81 and last traded at $47.98, with a volume of 3,891,292 shares. The stock had previously closed at $48.96.

A number of equities analysts have recently commented on the stock. Piper Jaffray Cos. reiterated an “overweight” rating and set a $53.00 price target (up previously from $50.00) on shares of Ctrip.com International in a report on Saturday. Credit Suisse Group AG assumed coverage on shares of Ctrip.com International in a report on Friday. They set an “outperform” rating and a $58.00 price target on the stock. Vetr upgraded shares of Ctrip.com International from a “hold” rating to a “buy” rating and set a $52.50 price target on the stock in a report on Wednesday. JPMorgan Chase & Co. assumed coverage on shares of Ctrip.com International in a report on Wednesday. They set an “overweight” rating and a $53.00 price target on the stock. Finally, Bank of America Corp. set a $53.00 price target on shares of Ctrip.com International and gave the stock a “buy” rating in a report on Monday, August 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $55.16.

The firm has a 50-day moving average of $45.08 and a 200-day moving average of $43.44. The stock has a market cap of $21.69 billion and a price-to-earnings ratio of 108.62.

Ctrip.com International (NASDAQ:CTRP) last announced its quarterly earnings results on Wednesday, August 31st. The company reported $0.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.22. The firm had revenue of $664 million for the quarter, compared to analysts’ expectations of $657.24 million. During the same period in the previous year, the company earned $0.30 EPS. The company’s quarterly revenue was up 62.9% on a year-over-year basis. On average, equities analysts predict that Ctrip.com International Ltd. will post ($0.70) EPS for the current year.

An institutional investor recently raised its position in Ctrip.com International stock. Bank of Montreal Can increased its stake in Ctrip.com International Ltd. (NASDAQ:CTRP) by 288.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 231,216 shares of the company’s stock after buying an additional 171,710 shares during the period. Bank of Montreal Can owned 0.08% of Ctrip.com International worth $10,713,000 as of its most recent filing with the SEC.

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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