Hilton Grand Vacations (HGV) Sees Coverage Initiated By Jefferies with a $38.0 Price

July 16, 2018 - By Catherine Diaz

Why Has Jefferies Given Hilton Grand Vacations (HGV) a $38.0 Price Target

The financial firm Jefferies has today has initiated coverage on Hilton Grand Vacations (HGV) shares, with a Hold rating, while giving it the target price at $38.0.

Hilton Grand Vacations Inc. (NYSE:HGV) Ratings Coverage

Among 3 analysts covering Hilton Grand Vacations Inc (HGV), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hilton Grand Vacations Inc has $50.0 highest and $48 lowest target. $49’s average target is 40.00% above currents $35 stock price. Hilton Grand Vacations Inc had 3 analyst reports since March 1, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 1 by SunTrust.

The stock decreased 1.82% or $0.65 during the last trading session, reaching $35. About 682,742 shares traded. Hilton Grand Vacations Inc. (HGV) has risen 9.80% since July 16, 2017 and is uptrending. It has underperformed by 2.77% the S&P500.

Analysts await Hilton Grand Vacations Inc. (NYSE:HGV) to report earnings on August, 1. They expect $1.08 EPS, up 111.76 % or $0.57 from last year’s $0.51 per share. HGV’s profit will be $104.57M for 8.10 P/E if the $1.08 EPS becomes a reality. After $0.30 actual EPS reported by Hilton Grand Vacations Inc. for the previous quarter, Wall Street now forecasts 260.00 % EPS growth.

Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company has market cap of $3.39 billion. The firm operates in two divisions, Real Estate Sales and Financing; and Resort Operations and Club Management. It has a 11.4 P/E ratio. It sells vacation ownership intervals; manages resorts; operates a points vacation club; and finances and services loans provided to clients for their timeshare purchases.

Another recent and important Hilton Grand Vacations Inc. (NYSE:HGV) news was published by Gurufocus.com which published an article titled: “Ron Baron Boosts Position in Marriott Vacations Worldwide” on July 11, 2018.

Hilton Grand Vacations Inc. (NYSE:HGV) Ratings Chart

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