China Lodging Group Ltd. (NASDAQ:HTHT) shares traded up 2.2% during trading on Thursday . The company traded as high as $44.86 and last traded at $44.81, with a volume of 84,824 shares trading hands. The stock had previously closed at $43.85.

A number of research analysts have commented on the stock. Brean Capital lifted their price objective on shares of China Lodging Group from $44.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, August 17th. Zacks Investment Research lowered shares of China Lodging Group from a “hold” rating to a “sell” rating in a research note on Tuesday, August 16th. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $39.00 price objective on shares of China Lodging Group in a research note on Thursday, June 9th. Finally, Morgan Stanley lowered shares of China Lodging Group from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $36.20 to $40.00 in a research note on Wednesday, August 17th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. China Lodging Group currently has a consensus rating of “Hold” and an average target price of $37.81.

The stock has a 50-day moving average price of $39.44 and a 200 day moving average price of $35.07. The stock has a market cap of $3.11 billion and a price-to-earnings ratio of 29.54.

China Lodging Group (NASDAQ:HTHT) last released its quarterly earnings results on Tuesday, August 16th. The company reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.30. The firm had revenue of $254.40 million for the quarter, compared to analyst estimates of $248.76 million. China Lodging Group’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.59 earnings per share. Equities research analysts predict that China Lodging Group Ltd. will post $1.46 EPS for the current year.

China Lodging Group, Limited is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees.

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