Evercore ISI downgraded Hilton Worldwide Holdings Inc (NYSE:HLT) to Hold in a report released today.
- Updated: November 28, 2016
Yesterday Hilton Worldwide Holdings Inc (NYSE:HLT) traded -0.43% lower at $25.18. The company’s 50-day moving average is $23.28 and its 200-day moving average is $22.94. The last stock close price is up 9.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,567,474 shares of the stock were exchanged, down from an average trading volume of 7,239,470
Evercore ISI has downgraded Hilton Worldwide Holdings Inc (NYSE:HLT) to Hold in a report released on 11/28/2016.
Previously on 02/29/2016, Susquehanna reported about Hilton Worldwide Holdings Inc (NYSE:HLT) raised the target price from $23.00 to $25.00. At the time, this indicated a possible upside of 0.22%.
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Hilton Worldwide Holdings Inc has a 52 week low of $16.16 and a 52 week high of $25.45 with a P/E ratio of 16.16 The company’s market cap is currently $0.
In addition to Evercore ISI reporting its target price, a total of 23 firms have reported on the stock. The consensus target price is $26.46 with 7 firms rating the stock a strong buy, 14 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Hilton Worldwide Holdings Inc (NYSE:HLT)
Hilton Worldwide Holdings Inc. is a hospitality company. The Company is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. It operates through three segments: management and franchise, ownership and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories. Its ownership segment consists of over 150 hotels with approximately 59,460 rooms. Through management and franchise segment, it consists of over 4,420 hotels with approximately 691,890 rooms. It manages hotels, resorts and timeshare properties owned by third parties and licenses its brands to franchisees. Through the timeshare segment, it consists of over 45 properties comprising approximately 7,150 units. Its brand portfolio includes Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Grand Vacations, Hilton Garden Inn and DoubleTree by Hilton, among others.
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