Ctrip.com Int'l (CTRP) Tops Q1 Views

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Go back to Ctrip.com Int'l (CTRP) Tops Q1 Views

Smart Investments, First-Mover Advantage Bolster Ctrip.com (CTRP); Aegis Affirms 'Buy' Rating

May 9, 2014 11:58 AM EDT

Aegis Capital affirms Ctrip.com (Nasdaq: CTRP) at Buy with a price target of $60 following the company's Q1 report.

Analyst Yu Chen commented on Ctrip's strategic investments: Following the steps in 2013, Ctrip continued to make strategic investments that complement the companys existing online travel services. On April 28, 2014, Ctrip announced that through Shanghai Ctrip International Travel Agency Co., one of the company's affiliated consolidated entities, it had invested in... More