Park Hotels & Resorts (PK) Receives a Buy from Barclays
Barclays analyst Richard Hightower maintained a Buy rating on Park Hotels & Resorts today and set a price target of $13.00.
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Hightower covers the Real Estate sector, focusing on stocks such as Agree Realty, W. P. Carey Inc., and Gaming and Leisure. According to TipRanks, Hightower has an average return of -2.8% and a 35.90% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Park Hotels & Resorts with a $12.44 average price target.
Based on Park Hotels & Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $610 million and a GAAP net loss of $16 million. In comparison, last year the company earned a revenue of $649 million and had a net profit of $54 million
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- Barclays Says Buy the Dip in 2 Hotel REIT Stocks With Up to 9% Dividend Yield
- Park Hotels & Resorts initiated with an Overweight at Barclays
- Park Hotels & Resorts Updates Investor Strategy
- Park Hotels & Resorts provides update on non-core asset dispositions
- Park Hotels & Resorts price target raised to $12 from $11 at Truist
