Deutsche Bank Sticks to Their Hold Rating for Hyatt Hotels Corp (H)
In a report released yesterday, Carlo Santarelli from Deutsche Bank reiterated a Hold rating on Hyatt Hotels Corp (NYSE: H), with a price target of $83. The company’s shares closed yesterday at $76.06.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 10.2% and a 64.5% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Pinnacle Entertainment.
Hyatt Hotels Corp has an analyst consensus of Moderate Buy, with a price target consensus of $88.67, a 16.6% upside from current levels. In a report issued on October 2, Jefferies also reiterated a Hold rating on the stock with a $84 price target.
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The company has a one-year high of $84.89 and a one-year low of $61.10. Currently, Hyatt Hotels Corp has an average volume of 610.4K.
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock.
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Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels.