Hilton Worldwide Holdings (NYSE:HLT) had its price target increased by Susquehanna from $26.00 to $27.00 in a research report sent to investors on Wednesday morning, ARN reports.
HLT has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Hilton Worldwide Holdings from $25.00 to $26.00 in a research note on Monday. Separately, 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. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Hilton Worldwide Holdings has an average rating of Buy and an average target price of $25.18.
Shares of Hilton Worldwide Holdings (NYSE:HLT) opened at 22.55 on Wednesday. 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 $21.97. The company has a market cap of $22.203 billion and a P/E ratio of 42.83.
Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings results 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. 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.
To view Susquehanna’s full report, visit Susquehanna’s official website.
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