Park Hotels & Resorts Inc (PK) Gets a Hold Rating from Deutsche Bank


In a report released today, Chris Woronka from Deutsche Bank maintained a Hold rating on Park Hotels & Resorts Inc (PK), with a price target of $32. The company’s shares closed yesterday at $30.81.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 1.2% and a 56.4% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hertz Global Holdings Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Park Hotels & Resorts Inc with a $30.50 average price target.

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Based on Park Hotels & Resorts Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $686 million and net profit of $54 million. In comparison, last year the company earned revenue of $686 million and had a net profit of $59 million.

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Park Hotels & Resorts, Inc. owns and operates hotels and resorts. It offers accommodation, lodging, and different amenities to business and leisure travelers.

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