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Wells Fargo Stick to Their Hold Rating for Hilton Worldwide Holdings Inc

Published 11/17/2020, 04:10 AM
Updated 11/17/2020, 04:10 AM


Wells Fargo (NYSE:WFC) analyst Wells Fargo maintained a Hold rating on Hilton Worldwide Holdings (NYSE:HLT) Inc on Monday, setting a price target of $105, which is approximately 1.48% below the present share price of $106.58.

expects Hilton Worldwide Holdings Inc to post earnings per share (EPS) of -$0.29 for the fourth quarter of 2020.

The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Hilton Worldwide Holdings, with an average price target of $97.09.
The analysts price targets range from a high of $120 to a low of $84.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $933 million and a net profit of $20 million. The company's market cap is $29.57 billion.

According to TipRanks.com, Wells Fargo analyst Wells Fargo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.1% and a 63.88% success rate.

Hilton Worldwide Holdings, Inc. engages in the provision of hospitality businesses. It operates through the following segments: Ownership and Management & Franchise. The Ownership segment includes owned, leased, and joint venture hotels. The Management & Franchise segment manages hotels and timeshare properties, and license its brands to franchisees. The company was founded by Conrad Hilton on March 18, 2010 and is headquartered in McLean, VA.

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