Bernstein analyst Richard Clarke maintained a Hold rating on Hilton Worldwide Holdings (HLT – Research Report) today and set a price target of $197.00. The company’s shares closed last Friday at $204.88.
According to TipRanks, Clarke is a 4-star analyst with an average return of 12.5% and a 72.60% success rate. Clarke covers the Consumer Cyclical sector, focusing on stocks such as Marriott International, TripAdvisor, and Hyatt Hotels.
Currently, the analyst consensus on Hilton Worldwide Holdings is a Moderate Buy with an average price target of $199.48.
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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.
Read More on HLT:
- Hilton teams with AutoCamp to offer ‘elevated outdoor lodging experiences’
- Pershing Square boosts stake in Howard Hughes, reduces Lowe’s stake
- Hilton price target raised to $192 from $190 at Macquarie
- Hilton price target raised to $176 from $151 at Deutsche Bank
- Hilton price target raised to $199 from $175 at Truist
