Smarter Analyst

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

Deutsche Bank analyst Chris Woronka maintained a Hold rating on Park Hotels & Resorts Inc (PK) yesterday and set a price target of $33. The company’s shares closed yesterday at $26.41, close to its 52-week low of $25.30.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 3.0% and a 48.8% 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 $33 average price target.

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Park Hotels & Resorts Inc’s market cap is currently $5.32B and has a P/E ratio of 12.77. The company has a Price to Book ratio of 0.95.

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Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments.