Stock analysts at Credit Suisse lifted their target price on shares of Hilton Worldwide Holdings (NYSE:HLT) from $25.00 to $26.00 in a report issued on Monday, Analyst RN reports. Credit Suisse’s target price would suggest a potential upside of 13.04% from the company’s current price.
Hilton Worldwide Holdings (NYSE:HLT) traded down 1.70% on Monday, hitting $22.61. 1,140,751 shares of the company’s stock traded hands. Hilton Worldwide Holdings has a 52 week low of $20.55 and a 52 week high of $25.75. The stock’s 50-day moving average is $21.92 and its 200-day moving average is $21.96. The company has a market cap of $22.262 billion and a P/E ratio of 42.83.
Hilton Worldwide Holdings (NYSE:HLT) last announced its 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.
A number of other firms have also recently commented on HLT. Analysts at SunTrust raised their price target on shares of Hilton Worldwide Holdings from $23.00 to $24.00 in a research note on Monday. Separately, analysts at Goldman Sachs raised their price target on shares of Hilton Worldwide Holdings from $26.00 to $27.00 in a research note on Monday. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $25.17.
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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