China Lodging Group, Limited (NASDAQ:HTHT) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $71.00.

Several analysts recently commented on the stock. Zacks Investment Research raised shares of China Lodging Group, Limited from a “hold” rating to a “strong-buy” rating and set a $109.00 target price for the company in a report on Wednesday, July 26th. BidaskClub raised shares of China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. Macquarie downgraded shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and lifted their target price for the stock from $66.00 to $72.00 in a report on Thursday, May 11th. They noted that the move was a valuation call. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $90.00 target price (up previously from $78.00) on shares of China Lodging Group, Limited in a report on Wednesday, May 10th. Finally, Benchmark Co. assumed coverage on shares of China Lodging Group, Limited in a report on Tuesday, April 18th. They set a “buy” rating and a $68.00 target price for the company.

WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/08/08/china-lodging-group-limited-nasdaqhtht-receives-consensus-recommendation-of-buy-from-analysts.html.

Hedge funds have recently made changes to their positions in the company. American Century Companies Inc. increased its stake in shares of China Lodging Group, Limited by 11.2% in the second quarter. American Century Companies Inc. now owns 357,274 shares of the company’s stock valued at $28,825,000 after buying an additional 35,941 shares during the last quarter. Comerica Bank increased its stake in shares of China Lodging Group, Limited by 647.8% in the second quarter. Comerica Bank now owns 29,606 shares of the company’s stock valued at $2,812,000 after buying an additional 25,647 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of China Lodging Group, Limited during the second quarter valued at approximately $1,505,000. State of Wisconsin Investment Board increased its stake in shares of China Lodging Group, Limited by 3.6% in the second quarter. State of Wisconsin Investment Board now owns 43,177 shares of the company’s stock valued at $3,484,000 after buying an additional 1,503 shares during the last quarter. Finally, Sanctuary Wealth Advisors LLC bought a new stake in shares of China Lodging Group, Limited during the second quarter valued at approximately $3,549,000. 44.86% of the stock is owned by institutional investors and hedge funds.

China Lodging Group, Limited (HTHT) traded down 2.097% on Tuesday, hitting $103.395. The stock had a trading volume of 77,632 shares. The company’s 50 day moving average is $85.16 and its 200 day moving average is $69.49. The firm has a market cap of $7.20 billion, a PE ratio of 56.500 and a beta of 1.71. China Lodging Group, Limited has a 12-month low of $37.08 and a 12-month high of $105.49.

China Lodging Group, Limited Company Profile

China Lodging Group, Limited is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees.

Analyst Recommendations for China Lodging Group, Limited (NASDAQ:HTHT)

Receive News & Ratings for China Lodging Group Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Lodging Group Limited and related companies with MarketBeat.com's FREE daily email newsletter.