H World Group Limited Sponsored ADR (NASDAQ:HTHT) has secured a consensus recommendation of “Buy” from analysts, highlighting strong market confidence in the company. According to MarketBeat Ratings, of the seven brokerages currently monitoring H World Group, one analyst suggests holding the stock, while four recommend buying and two endorse a strong buy.
The average target price for H World Group shares is set at $42.13, based on updates from analysts over the past year. Notably, several equity research firms have issued recent reports impacting the stock’s rating trajectory.
Recent Analyst Upgrades and Market Performance
On October 27, HSBC upgraded H World Group from a “hold” rating to a “buy” rating, encouraging investor interest. Conversely, Wall Street Zen adjusted its rating from “buy” to “hold” on November 22, indicating a more cautious approach. Benchmark increased its price target for the stock from $48.00 to $52.00 while maintaining a “buy” rating as of November 18.
In another positive development, HSBC Global Research raised its rating to “strong-buy” on the same day as the initial upgrade. Additionally, Zacks Research made a similar adjustment on November 7, moving from “hold” to “strong-buy.”
As H World Group shares opened at $47.90 on Monday, the company’s stock has shown a 1.5% increase. The stock’s performance reflects a 50-day moving average of $41.43 and a two-hundred-day moving average of $37.12.
Financial Metrics and Company Overview
H World Group demonstrates solid financial health with a market capitalization of $14.75 billion. Key financial ratios include a PE ratio of 27.53, a price-to-earnings-growth ratio of 1.35, and a low beta of 0.12. The company has recorded a one-year low of $30.13 and a high of $47.97.
H World Group Limited is actively involved in the hospitality sector, possessing a range of leased and owned, managed, and franchised hotels across the People’s Republic of China. The company operates under various brands, including HanTing Hotel, Ni Hao Hotel, Hi Inn, and Elan Hotel, among others.
As H World Group continues to receive favorable ratings from analysts, it remains a focal point for investors looking for opportunities in the hospitality market. The recent upgrades reflect a growing optimism about the company’s future performance and market position.
