J.P. Morgan Maintains Their Hold Rating on Hilton Worldwide Holdings (HLT)

In a report released yesterday, Joseph Greff from J.P. Morgan maintained a Hold rating on Hilton Worldwide Holdings (HLTResearch Report), with a price target of $147.00. The company’s shares closed last Wednesday at $156.34, close to its 52-week high of $160.96.

According to TipRanks.com, Greff is a 5-star analyst with an average return of 19.6% and a 60.9% success rate. Greff covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment, Marriott International, and Penn National Gaming.

The word on The Street in general, suggests a Hold analyst consensus rating for Hilton Worldwide Holdings with a $150.83 average price target, a -4.5% downside from current levels. In a report issued on February 2, Wells Fargo also maintained a Hold rating on the stock with a $147.00 price target.

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Hilton Worldwide Holdings’ market cap is currently $44.04B and has a P/E ratio of 1240.79.

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Virginia-based Hilton Worldwide Holdings, Inc. is a hospitality company, which owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership.

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