Ctrip.com Receives a Buy from Brean Capital

In a report released today, Fawne Jiang from Brean Capital reiterated a Buy rating on Ctrip.com (NASDAQ: CTRP). The company’s shares opened today at $43.64.

According to TipRanks.com, Jiang is a 5-star analyst with an average return of 5.2% and a 46.2% success rate. Jiang covers the Technology sector, focusing on stocks such as Bitauto Holdings Limited, China Mobile Games, and Soufun Holdings.

Ctrip.com has an analyst consensus of Strong Buy, with a price target consensus of $54.50.

Ctrip.com’s market cap is currently $20.06B and has a P/E ratio of 64.13. The company has a book value ratio of 2.3768.

Ctrip.com International Ltd. engages in the provision of travel-related services. It provides hotel accommodations, airline tickets, packaged tours, corporate travel management services, property management systems, and advertising services. The company was founded by Jian Zhang Liang, Min Fan, Nan Peng Shen, and Qi Ji in June 1999 and is headquartered in Shanghai, China.