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Evercore ISI downgraded Park Hotels & Resorts (NYSE:PK) from Outperform to In-line in a report released today.

Evercore ISI has downgraded Park Hotels & Resorts (NYSE:PK) from Outperform to In-line in a report released on 11/20/2017.

Previously on 7/11/2017, Zacks Investment Research reported about Park Hotels & Resorts (NYSE:PK) raised the target price from $0.00 to $30.00. At the time, this indicated a possible upside of 0.12%.

Yesterday Park Hotels & Resorts (NYSE:PK) traded -1.26% lower at $28.79. Park Hotels & Resorts’s 50-day average is $27.86 and its two hundred day average is $26.86. With the last close up 4.82% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Volume of trade was down over the average, with 959,893 shares of PK changing hands under the typical 1,285,430

Performance Chart

Park Hotels & Resorts (NYSE:PK)

With a total market value of $0, Park Hotels & Resorts has price-earnings ratio of 2.41 with a one year low of $24.65 and a one year high of $33.40 .

More About Park Hotels & Resorts (NYSE:PK)

Park Hotels & Resorts Inc. is a lodging real estate company. The Company has a portfolio of hotels and resorts. The Company operates through ownership segment, which includes all of its hotel properties. As of December 31, 2016, the Company's portfolio consisted of 67 hotels and resorts with over 35,000 rooms located in the United States and international markets. Its portfolio includes hotels in areas, such as New York City, Washington, D.C., Chicago, San Francisco and London; resorts in leisure destinations, including Hawaii, Orlando and Key West, and a range of properties adjacent to gateway airports, such as Los Angeles International, Chicago O'Hare, Boston Logan and Miami Airport, and select suburban locations. The Company's brand affiliations include Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Hotels & Resorts, Hilaton Garden Inn, Curio – A Collection by Hilton, and Waldorf Astoria Hotels & Resorts.

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