JPMorgan Chase & Co. Reaffirms Overweight Rating for Corporate Travel Management (CTD)
Corporate Travel Management (ASX:CTD)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. They currently have a $7.40 target price on the stock.
Shares of Corporate Travel Management (ASX:CTD) traded down 0.56% on Tuesday, hitting A$7.070. 318,433 shares of the company’s stock traded hands. Corporate Travel Management has a 1-year low of A$4.290 and a 1-year high of A$7.270. The stock has a 50-day moving average of A$6.67 and a 200-day moving average of A$6.21. The company has a market cap of A$553.2 million and a price-to-earnings ratio of 42.32.
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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