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Ctrip.com International, Ltd. (NASDAQ:CTRP) reached a new 52-week high during trading on Thursday , Analyst Ratings Network.com reports. The company traded as high as $69.49 and last traded at $69.23, with a volume of 978,600 shares traded. The stock had previously closed at $66.83.

A number of analysts have recently weighed in on CTRP shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Ctrip.com International, Ltd. in a research note on Thursday, August 7th. They now have a $80.00 price target on the stock, up previously from $73.00. Separately, analysts at Credit Agricole upgraded shares of Ctrip.com International, Ltd. from an “underperform” rating to a “buy” rating in a research note on Thursday, August 7th. They now have a $78.00 price target on the stock. Finally, analysts at Aegis downgraded shares of Ctrip.com International, Ltd. from a “buy” rating to a “hold” rating in a research note on Friday, August 1st. They now have a $66.00 price target on the stock, up previously from $60.00. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Ctrip.com International, Ltd. has an average rating of “Buy” and an average target price of $69.05.

The stock’s 50-day moving average is $64.3 and its 200-day moving average is $56.45. The company has a market cap of $9.342 billion and a P/E ratio of 72.48.

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 $0.67 earnings per share for the current fiscal year.

Ctrip.com International, Ltd. (NASDAQ:CTRP) is a consolidator of hotel accommodations and airline tickets in China.

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