Park Hotels & Resorts (PK) Receives a Hold from Raymond James


Raymond James analyst William Crow maintained a Hold rating on Park Hotels & Resorts (PK) yesterday. The company’s shares closed last Thursday at $21.49.

According to TipRanks.com, Crow is a 4-star analyst with an average return of 12.4% and a 66.5% success rate. Crow covers the Financial sector, focusing on stocks such as Washington Real Estate Investment, Easterly Government Properties, and Corporate Office Properties.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Park Hotels & Resorts with a $22.83 average price target, implying a 3.3% upside from current levels. In a report issued on April 23, Deutsche Bank also maintained a Hold rating on the stock with a $20.00 price target.

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The company has a one-year high of $24.67 and a one-year low of $6.53. Currently, Park Hotels & Resorts has an average volume of 3M.

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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. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.

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