Wells Fargo Remains a Sell on Park Hotels & Resorts (PK)


Wells Fargo analyst Dori Kesten maintained a Sell rating on Park Hotels & Resorts (PK) today. The company’s shares closed last Tuesday at $9.37.

According to TipRanks.com, Kesten is a 2-star analyst with an average return of 1.8% and a 50.0% success rate. Kesten covers the Financial sector, focusing on stocks such as Xenia Hotels & Resorts, Diamondrock, and RLJ Lodging.

Park Hotels & Resorts has an analyst consensus of Hold, with a price target consensus of $10.11.

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The company has a one-year high of $27.03 and a one-year low of $3.99. Currently, Park Hotels & Resorts has an average volume of 8.8M.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PK in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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