Barclays has adjusted its price target for Hilton Worldwide Holdings Inc. (HLT, Financial), reducing it from $287 to $233. Despite the revision, the firm retains its Overweight rating on the company's stock as it anticipates the first quarter earnings for the lodging sector. The decision reflects growing concerns that the outlook for the lodging industry is set to decline due to various accumulating challenges.
In a research note to investors, Barclays highlighted that they have lowered their Revenue Per Available Room (RevPAR) estimates across the board. Nevertheless, they emphasized that Hilton's business model, which includes resilient fee structures, is likely to sustain robust profitability even amidst these headwinds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Hilton Worldwide Holdings Inc (HLT, Financial) is $257.17 with a high estimate of $312.00 and a low estimate of $228.00. The average target implies an upside of 25.70% from the current price of $204.59. More detailed estimate data can be found on the Hilton Worldwide Holdings Inc (HLT) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Hilton Worldwide Holdings Inc's (HLT, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hilton Worldwide Holdings Inc (HLT, Financial) in one year is $254.23, suggesting a upside of 24.26% from the current price of $204.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hilton Worldwide Holdings Inc (HLT) Summary page.
