Hyatt Hotels Corp (H) Receives a Hold from Jefferies


In a report issued on October 2, David Katz from Jefferies reiterated a Hold rating on Hyatt Hotels Corp (NYSE: H), with a price target of $84. The company’s shares closed yesterday at $77.16.

According to TipRanks.com, Katz is a 1-star analyst with an average return of -1.6% and a 36.6% success rate. Katz covers the Services sector, focusing on stocks such as International Game Technology, Monarch Casino & Resort Inc, and Wyndham Destinations Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels Corp with a $88.67 average price target.

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Hyatt Hotels Corp’s market cap is currently $8.61B and has a P/E ratio of 16.04. The company has a Price to Book ratio of 2.33.

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.

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