Morgan Stanley has revised its price target for Hilton Grand Vacations (HGV, Financial), reducing it from $46 to $38. Despite this adjustment, the firm maintains an Overweight rating on the stock. The decision reflects weaker demand signals in the lodging and timeshare sectors, prompting the firm to adjust its market valuations accordingly. Investors are advised of these changes amidst broader market dynamics impacting the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Hilton Grand Vacations Inc (HGV, Financial) is $46.89 with a high estimate of $63.00 and a low estimate of $30.00. The average target implies an upside of 42.43% from the current price of $32.92. More detailed estimate data can be found on the Hilton Grand Vacations Inc (HGV) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Hilton Grand Vacations Inc's (HGV, 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 Grand Vacations Inc (HGV, Financial) in one year is $70.12, suggesting a upside of 113% from the current price of $32.92. 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 Grand Vacations Inc (HGV) Summary page.
