Hyatt Hotels (US:H) target bumped up to $63.00, released a ratings update earlier today by FBR & Co.
- Updated: March 20, 2017
Yesterday Hyatt Hotels (US:H) traded -0.54% lower at $53.26. The company’s 50-day moving average is $53.60 and its 200-day moving average is $53.01. The last stock close price is up 0.46% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 1,162,928 shares of the stock were exchanged, up from an average trading volume of 683,223
FBR & Co. bumped up the target of Hyatt Hotels (US:H) to $63.00 indicating a possible upside of 0.18%.
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Hyatt Hotels has a 52 week low of $44.30 and a 52 week high of $58.05 with a P/E ratio of 35.04 The company’s market cap is currently $0.
In addition to FBR & Co. reporting its target price, a total of 18 firms have reported on the stock. The consensus target price is $52.39 with 6 firms rating the stock a strong buy, 5 firms rating the stock a buy, 8 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Hyatt Hotels (US:H)
Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia). The owned and leased hotels segment consists of its owned and leased full service and select service hotels. The Americas segment consists of its management and franchising of properties located in the United States, Latin America, Canada and the Caribbean. The ASPAC segment consists of its management and franchising of properties located in Southeast Asia, as well as China, Australia, South Korea, Japan and Micronesia. The EAME/SW Asia segment consists of its management and franchising of properties located in Europe, Africa, the Middle East, India, Central Asia and Nepal.
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