Analysts Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Price Target at $42.13

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been given a consensus rating of “Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $42.1333.

HTHT has been the subject of a number of analyst reports. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Benchmark lifted their price target on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th.

Hedge Funds Weigh In On H World Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HTHT. Rhumbline Advisers increased its holdings in shares of H World Group by 1.3% in the 3rd quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after purchasing an additional 352 shares in the last quarter. Ethic Inc. increased its holdings in H World Group by 5.5% in the 2nd quarter. Ethic Inc. now owns 7,125 shares of the company’s stock worth $244,000 after buying an additional 372 shares in the last quarter. Asset Management One Co. Ltd. raised its position in H World Group by 1.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock worth $1,300,000 after buying an additional 466 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares during the period. Finally, USA Financial Formulas bought a new position in H World Group during the 2nd quarter valued at about $28,000. 46.41% of the stock is owned by institutional investors.

H World Group Trading Up 0.3%

NASDAQ:HTHT opened at $48.99 on Tuesday. The firm has a market capitalization of $15.08 billion, a P/E ratio of 28.16, a PEG ratio of 1.14 and a beta of 0.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. H World Group has a one year low of $30.20 and a one year high of $51.46. The company’s 50-day simple moving average is $48.26 and its 200 day simple moving average is $40.95.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.