Investment analysts at Barclays lifted their target price on shares of Hilton Worldwide Holdings (NYSE:HLT) from $25.00 to $26.00 in a research note issued to investors on Monday, Analyst Ratings News reports. The firm currently has an “overweight” rating on the stock. Barclays’ price objective suggests a potential upside of 15.30% from the company’s current price.
A number of other firms have also recently commented on HLT. 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. Separately, 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. Finally, analysts at MKM Partners upgraded shares of Hilton Worldwide Holdings from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 7th. They now have a $27.00 price target on the stock, up previously from $24.00. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Hilton Worldwide Holdings presently has a consensus rating of “Buy” and a consensus target price of $25.22.
Shares of Hilton Worldwide Holdings (NYSE:HLT) traded down 1.96% during mid-day trading on Monday, hitting $22.55. The stock had a trading volume of 2,445,454 shares. Hilton Worldwide Holdings has a 1-year low of $20.55 and a 1-year 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 $22.203 billion and a P/E ratio of 42.83.
Hilton Worldwide Holdings (NYSE:HLT) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts predict that Hilton Worldwide Holdings will post $0.65 earnings per share 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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