Market Overview

UPDATE: JG Capital Initiates International at Neutral on Competitive Concerns

Related CTRP
Watch These Huge Put Purchases In Thursday Trade
Benzinga's M&A Chatter for Tuesday, October 18, 2016
Ctrip Takes Aim At Airbnb With Tujia Tie-Up (Seeking Alpha)

JG Capital initiated coverage on International (NASDAQ: CTRP) with a Neutral rating and a $16.13 price target.

JG Capital noted, "Ctrip is the largest travel service provider for hotels, airline tickets and packaged tours in China. They aggregate information on hotels and flights and enable their customers to make informed and cost-effective hotel and flight bookings. They also sell packaged tours that include transportation and accommodations as well as guided tours. While we like their position in the market, we are concerned that competition will continue to hurt pricing." closed at $16.75 on Monday.

Latest Ratings for CTRP

Sep 2016Credit SuisseAssumesOutperform
Aug 2016JP MorganAssumesOverweight
Aug 2016Morgan StanleyMaintainsOverweight

View More Analyst Ratings for CTRP
View the Latest Analyst Ratings

Posted-In: JG CapitalAnalyst Color Initiation Intraday Update Analyst Ratings


Related Articles (CTRP)

View Comments and Join the Discussion!