Berenberg Bank Upgrades Hilton Holdings to Hold

By Austin Angelo

Hilton Holdings (NYSE: HLT) received a Hold rating from Berenberg Bank analyst Stuart Gordon today. The company’s shares closed on Friday at $62.46.

According to TipRanks.com, Gordon is a 4-star analyst with an average return of 22.7% and a 82.6% success rate. Gordon covers the Services sector, focusing on stocks such as Marriott International, Norwegian Cruise Line, and Hyatt Hotels Corp.

Currently, the analyst consensus on Hilton Holdings is Strong Buy and the average price target is $70.38, representing a 12.7% upside.

In a report issued on July 27, Barclays also maintained a Hold rating on the stock with a $64 price target.

Hilton Holdings’ market cap is currently $20.31B and has a P/E ratio of 545.03. The company has a book value ratio of 13.4087.

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Hilton Worldwide Holdings, Inc. operates as a holding company, which provides hospitality services through its subsidiaries. It engages in the owning, leasing, managing, developing, and franchising hotels, resorts, and timeshare properties. The company operates through the following segments: Management and Franchise, Ownership, and Timeshare.