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Equities researchers at Oppenheimer raised their price objective on shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) from $53.00 to $75.00 in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price target points to a potential upside of 19.66% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of Ctrip.com International, Ltd. from $53.00 to $78.00 in a research note on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Ctrip.com International, Ltd. from $58.00 to $74.00 in a research note on Monday, June 30th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James downgraded shares of Ctrip.com International, Ltd. from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, June 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $67.37.

Ctrip.com International, Ltd. (NASDAQ:CTRP) traded down 2.11% on Thursday, hitting $62.68. 4,562,046 shares of the company’s stock traded hands. Ctrip.com International, Ltd. has a one year low of $35.96 and a one year high of $68.20. The stock has a 50-day moving average of $61.77 and a 200-day moving average of $52.42. The company has a market cap of $8.513 billion and a P/E ratio of 69.83. Ctrip.com International, Ltd. also was the target of unusually large options trading on Wednesday. Investors bought 23,777 call options on the company. This is an increase of 743% compared to the typical daily volume of 2,822 call options.

Ctrip.com International, Ltd. (NASDAQ:CTRP) last announced its earnings results on Wednesday, July 30th. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.15. The company had revenue of $277.62 million for the quarter, compared to the consensus estimate of $269.26 million. During the same quarter last year, the company posted $0.36 earnings per share. Ctrip.com International, Ltd.’s revenue was up 38.0% compared to the same quarter last year. On average, analysts predict that Ctrip.com International, Ltd. will post $0.70 earnings per share for the current fiscal year.

Ctrip.com International, Ltd. (NASDAQ:CTRP) is a travel service provider for hotel accommodations, airline tickets and packaged tours in China.

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