News coverage about Ctrip.com International (NASDAQ:CTRP) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ctrip.com International earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.5758498429043 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

Ctrip.com International (NASDAQ CTRP) opened at 57.71 on Thursday. Ctrip.com International has a 1-year low of $39.71 and a 1-year high of $60.65. The company has a 50-day moving average price of $56.18 and a 200 day moving average price of $51.17. The firm has a market capitalization of $29.98 billion, a P/E ratio of 836.38 and a beta of 1.71.

A number of research analysts have issued reports on CTRP shares. Instinet reissued a “buy” rating and issued a $64.00 price target on shares of Ctrip.com International in a report on Monday, May 15th. Daiwa Capital Markets reaffirmed a “buy” rating and set a $65.00 target price (up from $55.00) on shares of Ctrip.com International in a research note on Sunday, May 14th. Bank of America Corporation set a $64.00 target price on Ctrip.com International and gave the stock a “buy” rating in a research note on Friday, May 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $58.00 target price on shares of Ctrip.com International in a research note on Saturday, April 22nd. Finally, Benchmark Co. initiated coverage on Ctrip.com International in a research note on Tuesday, April 18th. They set a “buy” rating and a $60.00 target price for the company. Four analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $57.73.

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About Ctrip.com International

Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.

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