Hyatt Hotels Corp (H) Gets a Hold Rating from Jefferies


In a report released yesterday, David Katz from Jefferies reiterated a Hold rating on Hyatt Hotels Corp (NYSE: H), with a price target of $76. The company’s shares closed yesterday at $71.59.

According to TipRanks.com, Katz has 0 stars on 0-5 star ranking scale with an average return of -10.2% and a 11.9% success rate. Katz covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Golden Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels Corp with a $83 average price target, representing a 15.9% upside. In a report issued on October 22, Cowen & Co. also initiated coverage with a Hold rating on the stock with a $75 price target.

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Hyatt Hotels Corp’s market cap is currently $7.93B and has a P/E ratio of 10.57. The company has a Price to Book ratio of 2.16.

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.

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