Boston, MA 05\/15\/2014 (wallstreetpr) \u2013 Goldman Sachs increased the price target of Hilton Worldwide Holdings Inc (NYSE:HLT)<\/b> to $27.00 from $26.00. Goldman Sachs, in its report, which was released on May 12, 2014, said that it had augmented the price objective of Hilton Worldwide Holdings.<\/p>\n
Hilton\u2019s Quarterly Results<\/b><\/p>\n
On May 9, 2014, Hilton Worldwide Holdings Inc (NYSE:HLT) <\/b>had also announced the earning results of the company. Hilton reported $0.13 EPS for the current quarter. It is important to note that this was way too ahead than the consensus estimate of Thomson Reuters, which predicted $0.09 by $0.04.<\/p>\n
Also, the revenue for the quarter of Hilton Worldwide Holdings Inc (NYSE:HLT) stood at $2.36 billion, in comparison to Thomson Reuters\u2018s $2.34 billion consensus estimate. The quarterly revenue of the company also increased 4.4% year-over-year analysis. For the present financial year, it is estimated by the analysts that Hilton, on average, will be successful in posting $0.65 earnings per share.<\/p>\n
What other equity research analysts say?<\/b><\/p>\n
Barclays<\/i><\/b>– Various other equity research analysts also issued their reports in the context with the stocks. The Barclays\u2019 analysts increased the price target of Hilton to $26.00 from $25.00.<\/p>\n
UBS AG<\/i><\/b>– Analysts at UBS AG also revised the shares of Hilton and raised it to buy rating from a neutral rating.\u00a0 The price target of UBS AG on Hilton is now, $26.00, a considerable jump from $23.00.<\/p>\n
Raymond James<\/b><\/em>– The Raymond James\u2019 analysts too increased price target of Hilton to $25.50 from $24.50.<\/p>\n It is important to note that seven of the equities research analysts have now rated Hilton Worldwide Holdings Inc (NYSE:HLT) <\/b>stock with the hold rating while ten of these have buy rating on the shares of Hilton. The consensus price target of Hilton is $25.17 with a standard rating of Buy.<\/p>\n Hilton Worldwide Holdings, the hospitality company, till December 2013, operated 4080 resorts, hotels as well as timeshare properties. These consist of 671,926 rooms in around 90 territories and countries.<\/p>\n","protected":false},"excerpt":{"rendered":" Boston, MA 05\/15\/2014 (wallstreetpr) \u2013 Goldman Sachs increased the price target of Hilton Worldwide Holdings Inc (NYSE:HLT) to $27.00 from $26.00. Goldman Sachs, in its […]<\/p>\n","protected":false},"author":32,"featured_media":22423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[4846,4847],"stock_ticker":[],"class_list":["post-22422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-hilton-worldwide-holdings-inc-nysehlt","tag-nysehlt","entry"],"acf":[],"yoast_head":"\n