Market Overview

UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on China Lodging Group

Share:
Related HTHT
Earnings Scheduled For November 14, 2016
Stocks Hitting 52-Week Highs

In a report published Monday, Morgan Stanley reiterated its Overweight rating on China Lodging Group Ltd. (NASDAQ: HTHT), and raised its price target from $15.00 to $18.70.

Morgan Stanley noted, “Our recent visit to China Lodging's mid-scale hotels made us believe that a market leading mid-scale brand is in the making. We remain OW on the stock and raise our price target from US$15 to US$18.7 by rolling forward 12 months to end-2013.”

China Lodging Group Ltd. closed on Friday at $15.86.

Latest Ratings for HTHT

DateFirmActionFromTo
Aug 2016Morgan StanleyDowngradesOverweightEqual-Weight
Aug 2016Brean CapitalMaintainsBuy
May 2016Goldman SachsDowngradesBuyNeutral

View More Analyst Ratings for HTHT
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (HTHT)

View Comments and Join the Discussion!