Is China Lodging Group, Ltd (ADR) (HTHT) a Buy? The Stock Reaches Record High Today

July 17, 2017 - By Darrin Black

The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) reached all time high today, Jul, 17 and still has $90.85 target or 3.00 % above today’s $88.20 share price. This indicates more upside for the $6.50 billion company. This technical setup was reported by Barchart.com. If the $90.85 PT is reached, the company will be worth $195.00M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 389,949 shares traded or 67.13% up from the average. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has risen 127.67% since July 17, 2016 and is uptrending. It has outperformed by 110.97% the S&P500.

China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) Ratings Coverage

Among 7 analysts covering China Lodging (NASDAQ:HTHT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. China Lodging had 13 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Brean Capital on Wednesday, August 17 with “Buy”. TH Capital upgraded it to “Buy” rating and $36 target in Monday, November 9 report. As per Wednesday, August 17, the company rating was downgraded by Morgan Stanley. On Friday, February 3 the stock rating was initiated by Credit Suisse with “Outperform”. The firm has “Hold” rating by Zacks given on Thursday, August 20. The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) earned “Neutral” rating by Credit Suisse on Wednesday, August 19. Deutsche Bank upgraded it to “Buy” rating and $6 target in Friday, December 30 report. Macquarie Research maintained China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) rating on Thursday, November 12. Macquarie Research has “Outperform” rating and $36.50 target. The firm has “Outperform” rating by Credit Suisse given on Wednesday, October 14. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 11.

More notable recent China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) news were published by: Seekingalpha.com which released: “A Safe Short For 2016” on February 13, 2016, also Seekingalpha.com with their article: “Possible Jewel In The Chinese Hospitality Sector” published on December 15, 2015, Quotes.Wsj.com published: “China Lodging Group Ltd. ADR” on February 11, 2011. More interesting news about China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) were released by: Globenewswire.com and their article: “China Lodging Group, Limited Reports Fourth Quarter and Full Year 2016 …” published on March 14, 2017 as well as Streetinsider.com‘s news article titled: “Form 6-K China Lodging Group, For: Jul 17” with publication date: July 17, 2017.

China Lodging Group, Limited is a holding company. The company has market cap of $6.50 billion. The Firm is a multi-brand hotel group in China with leased, manachised and franchised models. It has a 47.92 P/E ratio. Under the lease model, the Company directly operates hotels located on leased properties.

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