China Lodging Group Reaches New 12-Month High at $23.46 (HTHT)
China Lodging Group (NASDAQ:HTHT)’s share price reached a new 52-week high during mid-day trading on Monday, StockRatingsNetwork reports. The stock traded as high as $23.46 and last traded at $23.40, with a volume of 438,206 shares traded. The stock had previously closed at $22.33.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of China Lodging Group from an “outperform” rating to a “neutral” rating in a research note to investors on Friday. They now have a $25.30 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of China Lodging Group from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, October 10th. They now have a $23.00 price target on the stock, up previously from $20.00. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. China Lodging Group currently has a consensus rating of “Buy” and a consensus target price of $21.67.
China Lodging Group has a 52-week low of $13.90 and a 52-week high of $23.40. The stock has a 50-day moving average of $20.39 and a 200-day moving average of $17.70. The company has a market cap of $1.411 billion and a price-to-earnings ratio of 41.35.
China Lodging Group, Limited (NASDAQ:HTHT) operates hotel chain in China with leased-and-operated and franchised-and-managed models.
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