Macquarie Initiates Coverage on Home Inns & Hotels Management (HMIN)
Equities research analysts at Macquarie started coverage on shares of Home Inns & Hotels Management (NASDAQ: HMIN) in a research note issued to investors on Thursday. The firm set a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on HMIN. Analysts at Oppenheimer (NYSE: OPY) cut their EPS estimates on shares of Home Inns & Hotels Management in a research note on Thursday. They now have an “outperform” rating and a $32.00 price target on the stock. Finally, analysts at Brean Murray cut their price target on shares of Home Inns & Hotels Management from $44.00 to $41.00 in a research note to investors on Friday, March 9th. They now have a “buy” rating on the stock.
Home Inns & Hotels Management traded down 5.07% on Thursday, hitting $22.26. Home Inns & Hotels Management has a 1-year low of $22.09 and a 1-year high of $43.08. The company has a market cap of $1.010 billion and a price-to-earnings ratio of 58.62.
Home Inns & Hotels Management Inc. (Home Inns) is an economy hotel chain in the People’s Republic of China.