Bank of America Securities analyst Shaun Kelley maintained a Buy rating on Hilton Worldwide Holdings (HLT – Research Report) today. The company’s shares opened today at $196.09.
Kelley covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, Penn National Gaming, and Hilton Worldwide Holdings. According to TipRanks, Kelley has an average return of 1.9% and a 48.61% success rate on recommended stocks.
Currently, the analyst consensus on Hilton Worldwide Holdings is a Moderate Buy with an average price target of $214.28, implying a 9.28% upside from current levels. In a report released on April 19, Barclays also maintained a Buy rating on the stock with a $216.00 price target.
Based on Hilton Worldwide Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.61 billion and a net profit of $147 million. In comparison, last year the company earned a revenue of $2.44 billion and had a net profit of $328 million
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Hilton Worldwide Holdings (HLT) Company Description:
Virginia-based Hilton Worldwide Holdings, Inc. is a hospitality company, which owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership.
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