Shares of Hyatt Hotels Co. (NYSE:H) have been given an average rating of “Hold” by the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. Fifteen investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $75.05.
A number of analysts have recently weighed in on H shares. Robert W. Baird set a $88.00 price objective on Hyatt Hotels and gave the stock a “buy” rating in a research report on Friday, October 19th. Cowen started coverage on Hyatt Hotels in a research report on Monday, October 22nd. They issued a “market perform” rating and a $75.00 price objective for the company. Nomura lowered their price objective on Hyatt Hotels from $85.00 to $73.00 and set a “neutral” rating for the company in a research report on Wednesday, October 31st. B. Riley lowered their price target on Hyatt Hotels from $84.00 to $77.00 and set a “hold” rating for the company in a research report on Thursday, November 1st. Finally, Wells Fargo & Co lowered their price target on Hyatt Hotels from $92.00 to $79.00 and set an “outperform” rating for the company in a research report on Thursday, November 1st.
In other Hyatt Hotels news, insider Featherman Trust sold 72,569 shares of Hyatt Hotels stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $68.90, for a total transaction of $5,000,004.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jnp Parachute Mirror Trust B sold 2,246 shares of Hyatt Hotels stock in a transaction dated Wednesday, December 26th. The shares were sold at an average price of $64.99, for a total value of $145,967.54. The disclosure for this sale can be found here. Insiders own 18.40% of the company’s stock.
Hyatt Hotels stock opened at $70.37 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.17 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $7.77 billion, a PE ratio of 39.53, a price-to-earnings-growth ratio of 3.05 and a beta of 1.12. Hyatt Hotels has a 1-year low of $63.45 and a 1-year high of $84.89.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
Featured Story: What is a Call Option?
Receive News & Ratings for Hyatt Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels and related companies with MarketBeat.com's FREE daily email newsletter.