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, Stock Ratings Network reports. Credit Suisse’s target price would indicate a potential upside of 13.14% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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 analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Hilton Worldwide Holdings has a consensus rating of “Buy” and a consensus price target of $25.17.
Shares of Hilton Worldwide Holdings (NYSE:HLT) traded down 0.39% on Monday, hitting $22.98. The stock had a trading volume of 3,256,007 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 $21.91 and a 200-day moving average of $21.94. The company has a market cap of $22.626 billion and a price-to-earnings ratio of 144.19.
Hilton Worldwide Holdings (NYSE:HLT) last released its earnings data on Friday, May 9th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the 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 revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts predict that Hilton Worldwide Holdings will post $0.63 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.
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.