Stock analysts at Goldman Sachs hoisted their target price on shares of Hilton Worldwide Holdings (NYSE:HLT) from $26.00 to $27.00 in a report issued on Monday, American Banking & Market News reports. Goldman Sachs’ target price points to a potential upside of 17.39% from the stock’s previous close.
HLT has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Hilton Worldwide Holdings from $25.00 to $26.00 in a research note on Monday. They now have an “overweight” rating on the stock. Separately, analysts at UBS AG upgraded shares of Hilton Worldwide Holdings from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $26.00 price target on the stock, up previously from $23.00. Finally, analysts at Raymond James raised their price target on shares of Hilton Worldwide Holdings from $24.50 to $25.50 in a research note on Friday, May 9th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $25.17.
Hilton Worldwide Holdings (NYSE:HLT) traded down 2.30% on Monday, hitting $22.47. The stock had a trading volume of 1,779,885 shares. Hilton Worldwide Holdings has a 52-week low of $20.55 and a 52-week high of $25.75. The stock has a 50-day moving average of $21.92 and a 200-day moving average of $21.96. The company has a market cap of $22.124 billion and a price-to-earnings ratio of 42.83.
Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.04. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.34 billion. Hilton Worldwide Holdings’s revenue was up 4.4% compared to the same quarter last year. Analysts expect that Hilton Worldwide Holdings will post $0.65 EPS for the current fiscal year.
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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