Hilton Worldwide Holdings Receives Consensus Recommendation of “Buy” from Brokerages (NYSE:HLT)
Hilton Worldwide Holdings (NYSE:HLT) has received a consensus rating of “Buy” from the twenty-three ratings firms that are presently covering the stock, Analyst Ratings News reports. Eight analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $26.08.
Hilton Worldwide Holdings (NYSE:HLT) opened at 25.34 on Friday. Hilton Worldwide Holdings has a one year low of $20.55 and a one year high of $25.92. The stock’s 50-day moving average is $24.85 and its 200-day moving average is $23.05. The company has a market cap of $24.950 billion and a price-to-earnings ratio of 43.39.
Hilton Worldwide Holdings (NYSE:HLT) last released its earnings data on Tuesday, August 12th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Hilton Worldwide Holdings in a research note on Thursday, August 7th. They now have a $27.50 price target on the stock, up previously from $26.00. Separately, analysts at Macquarie raised their price target on shares of Hilton Worldwide Holdings from $1.00 to $26.00 in a research note on Tuesday, August 5th. They now have a “neutral” rating on the stock. Finally, analysts at SunTrust reiterated a “neutral” rating on shares of Hilton Worldwide Holdings in a research note on Monday, August 4th. They now have a $26.00 price target on the stock, up previously from $24.00.
Hilton Worldwide Holdings Inc is a hospitality company. As of December 3, 2013, the Company operated 4,080 hotels, resorts and timeshare properties, which consisted of 671,926 rooms in 90 countries and territories.
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