H World Group Limited (NASDAQ:HTHT) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of H World Group Limited (NASDAQ:HTHT) have earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $44.40.

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

Hedge Funds Weigh In On H World Group

Several large investors have recently made changes to their positions in the business. Creative Planning raised its stake in H World Group by 62.6% during the 3rd quarter. Creative Planning now owns 21,075 shares of the company’s stock valued at $784,000 after purchasing an additional 8,111 shares during the period. abrdn plc grew its holdings in H World Group by 38.9% during the 3rd quarter. abrdn plc now owns 112,279 shares of the company’s stock valued at $4,263,000 after buying an additional 31,431 shares in the last quarter. Fiera Capital Corp raised its position in shares of H World Group by 87.1% during the third quarter. Fiera Capital Corp now owns 56,213 shares of the company’s stock valued at $2,091,000 after buying an additional 26,175 shares during the last quarter. XY Capital Ltd bought a new stake in shares of H World Group during the third quarter valued at approximately $3,145,000. Finally, GSA Capital Partners LLP purchased a new position in shares of H World Group in the third quarter worth $538,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Stock Down 1.3 %

Shares of HTHT stock opened at $35.89 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. H World Group has a 12 month low of $27.03 and a 12 month high of $42.98. The stock has a market cap of $11.25 billion, a P/E ratio of 21.75, a P/E/G ratio of 1.28 and a beta of 0.70. The company has a 50 day simple moving average of $33.25 and a two-hundred day simple moving average of $33.80.

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.