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Stock analysts at Brean Capital decreased their price target on shares of China Lodging Group (NASDAQ:HTHT) from $30.00 to $27.00 in a report issued on Wednesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Brean Capital’s price objective would suggest a potential upside of 24.65% from the stock’s previous close.

China Lodging Group (NASDAQ:HTHT) opened at 21.66 on Wednesday. China Lodging Group has a one year low of $14.75 and a one year high of $32.29. The stock’s 50-day moving average is $22.95 and its 200-day moving average is $25.68. The company has a market cap of $1.344 billion and a P/E ratio of 29.26. China Lodging Group also was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 883,406 shares, a growth of 32.0% from the April 15th total of 669,334 shares. Based on an average trading volume of 115,331 shares, the days-to-cover ratio is presently 7.7 days. Currently, 0.0% of the company’s shares are sold short.

China Lodging Group (NASDAQ:HTHT) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.05. The company had revenue of $1.03 billion for the quarter. The company’s revenue for the quarter was up 19.3% on a year-over-year basis. Analysts expect that China Lodging Group will post $5.69 EPS for the current fiscal year.

Several other analysts have also 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 on Tuesday, April 1st. They now have a $28.10 price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of China Lodging Group to an “overweight” rating in a research note on Wednesday, March 12th. They now have a $26.20 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. China Lodging Group currently has an average rating of “Buy” and an average target price of $27.10.

China Lodging Group, Limited (NASDAQ:HTHT) operates hotel chain in China with leased-and-operated and franchised-and-managed models.

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