Deutsche Bank analyst Chris Woronka maintained a Buy rating on Host Hotels & Resorts (HST) on November 2 and set a price target of $23. The company’s shares closed on Friday at $18.68, close to its 52-week low of $17.94.
According to TipRanks.com, Woronka is a 1-star analyst with an average return of -1.0% and a 47.5% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Park Hotels & Resorts Inc, and Lasalle Hotel Properties.
Currently, the analyst consensus on Host Hotels & Resorts is a Strong Buy with an average price target of $22.50.
See today’s analyst top recommended stocks >>
Based on Host Hotels & Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.3 billion and net profit of $322 million. In comparison, last year the company earned revenue of $1.25 billion and had a net profit of $104 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Host Hotels & Resorts, Inc. is a self-managed and self-administered real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the Hotel Ownership segment. Its properties are located in U.S., Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.
