Daiwa Securities Downgrades Ctrip.com (CTRP) to Underperform
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Nomura/Instinet Downgrades Ctrip.com (CTRP) to Neutral
November 9, 2018 5:09 AM ESTNomura/Instinet analyst Jialong Shi downgraded Ctrip.com (NASDAQ: CTRP) from Buy to Neutral with a price target of $36.00 (from $49.00).
The analyst comments "The Chinese market might no longer be that lucrative for Ctrip after the loss of the high-margin cross selling... More
Ctrip.com (CTRP) PT Lowered to 'Street-Low' $24 at Deutsche Bank
November 8, 2018 10:10 AM ESTDeutsche Bank analyst Eileen Deng lowered the price target on Ctrip.com (NASDAQ: CTRP) to a Street-Low $24.00 (from $45.00) while maintaining a Hold rating.
Deng notes Ctrip dropped something of a bombshell in the 3Q results call, with 0-1% 4Q adjusted operating margin... More
Credit Suisse Downgrades Ctrip.com (CTRP) to Neutral
November 8, 2018 9:22 AM ESTCredit Suisse downgraded Ctrip.com (NASDAQ: CTRP) from Outperform to Neutral with a price target of $35.00 (from $50.00).
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 $30.65 yesterday.
... MoreCLSA Downgrades Ctrip.com (CTRP) to Underperform
November 8, 2018 8:48 AM ESTCLSA analyst Elinor Leung downgraded Ctrip.com (NASDAQ: CTRP) from Outperform to Underperform with a price target of $37.50 (from $44.00).
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 $30.85 yesterday.
... MoreCtrip.com (CTRP) PT Lowered to $40 at Benchmark
November 8, 2018 6:42 AM ESTBenchmark analyst Fawn Jiang lowered the price target on Ctrip.com (NASDAQ: CTRP) to $40.00 while maintaining a Buy rating.
The analyst adjusts the model to reflect macro headwinds and impacts from elevated investments.
... MoreCiti Downgrades Ctrip.com (CTRP) to Neutral
November 8, 2018 6:03 AM ESTCiti analyst Alicia Yap downgraded Ctrip.com (NASDAQ: CTRP) from Buy to Neutral with a price target of $35.00 (from $41.00).
The analyst steps to the sidelines noting ST margin pressure continue.
For an analyst ratings summary and ratings history on... More
China Renaissance Downgrades Ctrip.com (CTRP) to Hold
November 8, 2018 5:27 AM ESTChina Renaissance analyst Ella Ji downgraded Ctrip.com (NASDAQ: CTRP) from Buy to Hold with a price target of $33.00 (from $42.00).
The analyst comments "...we expect multiple headwinds in the next 6-12 months: 1) macro slowdown and RMB volatility will likely affect travel demand; 2) competition... More
Ctrip.com (CTRP) Tops Q3 EPS by 15c
November 7, 2018 5:01 PM ESTCtrip.com (NASDAQ: CTRP) reported Q3 EPS of $0.42, $0.15 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.34 billion.
GUIDANCE:
For the fourth quarter of 2018, the Company expects the net... More
