RBC Capital Markets disclosed Hilton Worldwide Holdings (NYSE:HLT), upping its target price to $71.00 today

Yesterday Hilton Worldwide Holdings (NYSE:HLT) traded 0.13% higher at $66.57. The company’s 50-day moving average is $63.52 and its 200-day moving average is $61.88. The last closing price is up 12.23% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 7,072,171 shares of the stock were exchanged, up from an average trading volume of 2,516,060

Hilton Worldwide Holdings (NYSE:HLT) had its target price raised to $71.00 by RBC Capital Markets in a report released Tuesday June 13, 2017. The new target price indicates a possible upside of 0.07% based on the company’s last closing price.

Previously on 06/12/2017, RBC Capital Markets reported on Hilton Worldwide Holdings (NYSE:HLT) raised the target price from $62.00 to $71.00. At the time, this indicated a possible upside of 0.08%.

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Hilton Worldwide Holdings has a 52 week low of $44.73 and a 52 week high of $69.74 with a P/E ratio of 76.32 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 23 brokers have issued a report on the stock. The consensus target price is $26.46 with 7 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Hilton Worldwide Holdings (NYSE:HLT)

Hilton Worldwide Holdings Inc. is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo. The Company’s management and franchise segment manages hotels and licenses its brands to franchisees. Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio-A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton. As of December 31, 2016, the Company owned, leased, managed or franchised 4,875 hotel and resort properties, totaling 796,440 rooms in 104 countries and territories.

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