JPMorgan Downgrades Ctrip.com (CTRP) to Neutral

December 6, 2017 4:27 PM EST
Get Alerts CTRP Hot Sheet
Price: $34.93 --0%

Rating Summary:
    23 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 38 | Down: 18 | New: 7
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JPMorgan downgraded Ctrip.com (NASDAQ: CTRP) from Overweight to Neutral with a price target of $45.00 (from $50.00).

Analyst Alex Yao expects VAS cross-sale de-bundling to slow in 2018 and dampen earnings growth. The analyst expects shares to trade range-bound over the coming quarters.

For an analyst ratings summary and ratings history on Ctrip.com click here. For more ratings news on Ctrip.com click here.

Shares of Ctrip.com closed at $45.95 yesterday.



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