Hilton Worldwide Holdings Price Target Raised to $26.00 at Credit Suisse (HLT)

Share on StockTwits

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.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Hasbro Sees Sales Spike, But Profit Not Lifted
Hasbro Sees Sales Spike, But Profit Not Lifted
June Unemployment Rates Dropped in Nearly Half the States
June Unemployment Rates Dropped in Nearly Half the States
PayPal Helps Fuel More Revenue at eBay
PayPal Helps Fuel More Revenue at eBay
New Streaming Video Service from Lionsgate in China
New Streaming Video Service from Lionsgate in China
Brain Eating Amoeba Infection Kills Girl
Brain Eating Amoeba Infection Kills Girl
Antibiotics Listed as Last Resort Now in Jeopardy
Antibiotics Listed as Last Resort Now in Jeopardy


Leave a Reply

 
© 2006-2014 Zolmax.