In a report released yesterday, Michael Bellisario from Robert W. Baird reiterated a Buy rating on Hyatt Hotels Corp (H), with a price target of $87. The company’s shares opened today at $71.02.
According to TipRanks.com, Bellisario is a 2-star analyst with an average return of 1.3% and a 48.0% success rate. Bellisario covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Condor Hospitality Trust Inc, and Ashford Hospitality Trust.
Hyatt Hotels Corp has an analyst consensus of Moderate Buy, with a price target consensus of $78.
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The company has a one-year high of $84.89 and a one-year low of $63.45. Currently, Hyatt Hotels Corp has an average volume of 634.3K.
Based on the recent corporate insider activity of 79 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.
