AreHilton (NYSE:HLT) Shares Worth Your Dime? Longbow Believes So

September 8, 2018 - By Matthew Richard

How Longbow Currently Rates Hilton (NYSE:HLT)

In analysts note sent to investors on 7 September, research professionals at Longbow initiated coverage on Hilton (NYSE:HLT) shares. The financial company issued a key “Buy” rating for HLT stock.

Hilton Worldwide Holdings Inc. (NYSE:HLT) Ratings Coverage

Among 9 analysts covering Hilton Holdings (NYSE:HLT), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Hilton Holdings has $9600 highest and $85 lowest target. $89.17’s average target is 16.65% above currents $76.44 stock price. Hilton Holdings had 9 analyst reports since April 13, 2018 according to SRatingsIntel. The company was maintained on Sunday, June 10 by Goldman Sachs. The rating was downgraded by Bernstein to “Market Perform” on Friday, August 17. Evercore upgraded Hilton Worldwide Holdings Inc. (NYSE:HLT) on Sunday, May 20 to “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, May 1. The rating was initiated by Jefferies with “Hold” on Thursday, May 31. Susquehanna maintained Hilton Worldwide Holdings Inc. (NYSE:HLT) rating on Monday, April 23. Susquehanna has “Buy” rating and $9600 target. Robert W. Baird maintained Hilton Worldwide Holdings Inc. (NYSE:HLT) on Friday, April 13 with “Buy” rating. B. Riley & Co maintained Hilton Worldwide Holdings Inc. (NYSE:HLT) rating on Friday, April 27. B. Riley & Co has “Neutral” rating and $87 target. Berenberg upgraded Hilton Worldwide Holdings Inc. (NYSE:HLT) on Thursday, July 19 to “Buy” rating.

The stock increased 0.99% or $0.75 during the last trading session, reaching $76.44. About 2.97M shares traded or 1.26% up from the average. Hilton Worldwide Holdings Inc. (NYSE:HLT) has risen 25.64% since September 8, 2017 and is uptrending. It has outperformed by 13.07% the S&P500.

Analysts await Hilton Worldwide Holdings Inc. (NYSE:HLT) to report earnings on October, 25. They expect $0.75 earnings per share, up 33.93 % or $0.19 from last year’s $0.56 per share. HLT’s profit will be $223.64M for 25.48 P/E if the $0.75 EPS becomes a reality. After $0.70 actual earnings per share reported by Hilton Worldwide Holdings Inc. for the previous quarter, Wall Street now forecasts 7.14 % EPS growth.

Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. The company has market cap of $22.79 billion. It operates through Management and Franchise, and Ownership divisions. It has a 16.89 P/E ratio. The firm engages in the hotel management and licensing of its brands to franchisees.

Another recent and important Hilton Worldwide Holdings Inc. (NYSE:HLT) news was published by Bizjournals.com which published an article titled: “By Katie Burke – Food/Hospitality/Retail Reporter, San Francisco Business Times” on September 07, 2018.

Hilton Worldwide Holdings Inc. (NYSE:HLT) Ratings Chart

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