JPMorgan Chase & Co. Reiterates “Overweight” Rating for Corporate Travel Management (CTD)
Corporate Travel Management (ASX:CTD)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday. They currently have a $7.40 price objective on the stock.
Corporate Travel Management (ASX:CTD) traded up 0.43% during mid-day trading on Monday, hitting A$7.000. The stock had a trading volume of 190,368 shares. Corporate Travel Management has a one year low of A$4.270 and a one year high of A$7.180. The stock’s 50-day moving average is A$6.5 and its 200-day moving average is A$6.13. The company has a market cap of A$547.7 million and a P/E ratio of 41.49.
Corporate Travel Management Limited is an Australia-based investment holding company. The Company, along with its subsidiaries, is engaged in the purchase and delivery of travel services.
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