Barclays Maintains a Hold Rating on Hilton Holdings

By Austin Angelo

Barclays analyst Felicia Hendrix maintained a Hold rating on Hilton Holdings (NYSE: HLT) yesterday and set a price target of $88. The company’s shares opened today at $84.46, close to its 52-week high of $88.11.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 7.7% and a 61.5% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

Currently, the analyst consensus on Hilton Holdings is Moderate Buy and the average price target is $90.18, representing a 6.8% upside.

In a report released yesterday, B.Riley FBR also maintained a Hold rating on the stock with a $84 price target.

Based on Hilton Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.28 billion and quarterly net profit of $840 million. In comparison, last year the company earned revenue of $2.92 billion and had a GAAP net loss of $387 million.

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Hilton Worldwide Holdings, Inc. engages in the provision of hospitality businesses. It operates through the following segments: Ownership, Management and Franchise, and Timeshare. Ownership segment includes owned, leased, and joint venture hotels.