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Morgan Stanley Remains a Buy on Hilton Worldwide Holdings (HLT)

Tipranks - Tipranks - Wed Mar 11, 7:30AM CDT

In a report released today, Stephen Grambling from Morgan Stanley maintained a Buy rating on Hilton Worldwide Holdings, with a price target of $303.00.

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Grambling covers the Consumer Cyclical sector, focusing on stocks such as Polaris, Wynn Resorts, and Planet Fitness. According to TipRanks, Grambling has an average return of 6.0% and a 59.90% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hilton Worldwide Holdings with a $332.20 average price target.

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Based on Hilton Worldwide Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.09 billion and a net profit of $297 million. In comparison, last year the company earned a revenue of $2.78 billion and had a net profit of $505 million

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