H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives $40.80 Average Price Target from Brokerages

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned an average recommendation of “Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $42.1333.

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Benchmark lifted their target price on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday.

H World Group Stock Down 2.5%

H World Group stock opened at $44.08 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm has a 50 day moving average price of $39.49 and a 200-day moving average price of $36.33. H World Group has a twelve month low of $30.13 and a twelve month high of $45.90. The company has a market capitalization of $13.57 billion, a P/E ratio of 26.55, a P/E/G ratio of 1.83 and a beta of 0.33.

Institutional Trading of H World Group

Hedge funds have recently bought and sold shares of the company. Danske Bank A S purchased a new position in H World Group during the third quarter valued at $2,298,000. Caitong International Asset Management Co. Ltd purchased a new position in H World Group in the third quarter worth about $66,000. XTX Topco Ltd bought a new position in H World Group during the third quarter valued at $1,298,000. National Bank of Canada FI grew its stake in shares of H World Group by 2.3% during the third quarter. National Bank of Canada FI now owns 1,049,400 shares of the company’s stock valued at $41,042,000 after buying an additional 23,480 shares during the last quarter. Finally, Kontiki Capital Management HK Ltd. purchased a new position in H World Group in the 3rd quarter worth about $96,804,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

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.