A Closer Look at 5 Analyst Recommendations For H World Group
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have updated their ratings on H World Group (NASDAQ:HTHT), showing a shift towards a more bullish outlook. The average 12-month price target has been raised to $48.00, up from $45.50, with a range between $40.00 and $64.00. Analyst actions include maintaining, raising, and lowering ratings, reflecting their adaptation to market conditions and H World Group's performance. The company has shown significant revenue growth and profitability, with a revenue increase of 53.63% and a net margin of 21.26%, outperforming industry averages.
April 19, 2024 | 5:00 pm
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H World Group has received more bullish analyst ratings, with an updated average price target of $48.00. The company's strong financial performance, including a 53.63% revenue growth and a 21.26% net margin, supports a positive outlook.
The increase in the average price target and positive financial indicators such as revenue growth and net margin suggest a strong short-term bullish sentiment among analysts for HTHT. Given the company's performance exceeds industry averages, it's likely to attract investor interest, potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100