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

HTHT has been the subject of a number of research reports. Goldman Sachs Group Inc. restated a “neutral” rating and set a $39.00 target price on shares of China Lodging Group in a research report on Thursday, June 9th. Brean Capital restated a “buy” rating and set a $44.00 target price on shares of China Lodging Group in a research report on Thursday, May 12th. Zacks Investment Research upgraded shares of China Lodging Group from a “hold” rating to a “strong-buy” rating and set a $41.00 target price for the company in a research report on Wednesday, June 29th. Finally, Morgan Stanley cut shares of China Lodging Group from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $36.20 to $40.00 in a research report on Wednesday, August 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $37.81.

The stock has a market capitalization of $3.09 billion and a price-to-earnings ratio of 29.32. The firm’s 50-day moving average price is $39.87 and its 200-day moving average price is $35.28.

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

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.