In a report released today, Daniel Politzer from Wells Fargo maintained a Hold rating on Hilton Worldwide Holdings (HLT – Research Report), with a price target of $196.00. The company’s shares closed last Friday at $204.66.
Politzer covers the Consumer Cyclical sector, focusing on stocks such as Hyatt Hotels, Royal Caribbean, and Hilton Worldwide Holdings. According to TipRanks, Politzer has an average return of 6.6% and a 56.29% success rate on recommended stocks.
In addition to Wells Fargo, Hilton Worldwide Holdings also received a Hold from Truist Financial’s Patrick Scholes in a report issued on March 15. However, on the same day, Robert W. Baird maintained a Buy rating on Hilton Worldwide Holdings (NYSE: HLT).
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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.
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