Hilton started a Hold at MKM

|About: Hilton Worldwide Holdings (HLT)|By:, SA News Editor

Bullish on the lodging industry, analyst Chris Agnew notes Hilton Worldwide's (HLT +3.1%) P-E of 13.8x FY15 estimates is one of the highest in the sector, and thus offers just a balanced risk/reward.

The industry "has at least two years of structural tailwinds that will enable lodging stocks to meaningfully outperform based on accelerating rate growth, flow-through and earnings upside surprise."