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BofA Securities Maintains H World Group(HTHT.US) With Buy Rating, Cuts Target Price to $46

Futu News ·  Nov 27 19:33  · Ratings

BofA Securities analyst Ronald Leung maintains $H World Group (HTHT.US)$ with a buy rating, and adjusts the target price from $47 to $46.

According to TipRanks data, the analyst has a success rate of 58.3% and a total average return of 7.8% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $H World Group (HTHT.US)$'s main analysts recently are as follows:

  • The company's Q3 revenue did not meet expectations, influenced by an increased number of store closures amid a shift towards an asset-light model. Management notes that there has been a slight improvement in room revenue losses, but the recovery continues to be hampered by persistently low business travel demand.

  • The stock experienced a 6% drop following the Q3 results, attributed to the slightly disappointing Q4 revenue growth guidance by analysts. The 2025 EBITDA estimate was adjusted downwards by 3% to RMB 7.5B, reflecting an unexpected increase in L&O hotel closures. Despite these adjustments, analysts maintain a positive outlook, highlighting the company's superior execution and potential for gaining market share.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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