Huazhu Group Limited (HTHT) Receives a Rating Update from a Top Analyst

By Carrie Williams

Benchmark Co. analyst Fawne Jiang maintained a Buy rating on Huazhu Group Limited (HTHTResearch Report) today and set a price target of $35. The company’s shares closed last Monday at $31.68.

According to TipRanks.com, Jiang is a top 100 analyst with an average return of 23.0% and a 62.2% success rate. Jiang covers the Technology sector, focusing on stocks such as AutoHome Inc, Baidu Inc, and Sina Corp.

Currently, the analyst consensus on Huazhu Group Limited is a Moderate Buy with an average price target of $35.

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The company has a one-year high of $45.39 and a one-year low of $24.90. Currently, Huazhu Group Limited has an average volume of 1.44M.

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Huazhu Group Ltd. engages in the hotel operation business in China. It offers four hotel brands that are designed to target distinct segments of customers, which include JI Hotel, Elan Hotel, Joya Hotel, Starway Hotel, HanTing Hotel, Hi Inn, and Manxin Hotels & Resorts.