Brokerages Set H World Group Limited (NASDAQ:HTHT) Target Price at $44.40

H World Group Limited (NASDAQ:HTHT) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $44.40.

Several research analysts recently weighed in on the company. Hsbc Global Res cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Benchmark cut their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Finally, HSBC cut shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a report on Wednesday, February 5th.

Hedge Funds Weigh In On H World Group

Institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. bought a new position in H World Group in the 4th quarter worth $33,000. US Bancorp DE boosted its holdings in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after purchasing an additional 845 shares in the last quarter. Blue Trust Inc. boosted its stake in H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after buying an additional 650 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of H World Group in the 4th quarter worth about $196,000. Finally, Mariner LLC increased its holdings in shares of H World Group by 33.8% during the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock worth $268,000 after buying an additional 2,050 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Down 1.2 %

Shares of NASDAQ:HTHT opened at $37.10 on Friday. The company has a 50 day moving average of $33.43 and a 200-day moving average of $33.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The firm has a market cap of $11.62 billion, a P/E ratio of 22.48, a P/E/G ratio of 1.28 and a beta of 0.70. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98.

About H World Group

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.