Zacks Investment Research downgraded Hyatt Hotels Corporation (NYSE:H) to Sell in a report released today.
- Updated: October 15, 2016
Yesterday Hyatt Hotels Corporation (NYSE:H) traded 0.62% higher at $49.37. The company’s 50-day moving average is $50.89 and its 200-day moving average is $49.64. The last stock close price is down 0.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 204,829 shares of the stock were exchanged, down from an average trading volume of 316,369
Zacks Investment Research has downgraded Hyatt Hotels Corporation (NYSE:H) to Sell in a report released on 10/11/2016.
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Hyatt Hotels Corporation has a 52 week low of $34.06 and a 52 week high of $54.82 with a P/E ratio of 42.65 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 18 firms have issued a report 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 Corporation (NYSE: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, consisting of full service hotels, select service hotels, resorts and other properties, including timeshare, fractional and other forms of residential and vacation properties. The Company operates through four segments: Owned and leased hotels; Americas management and franchising; Southeast Asia, China, Australia, South Korea and Japan (ASPAC) management and franchising, and Europe, Africa, the Middle East and Southwest Asia (EAME/SW Asia) management. The Company's hotel portfolio consists of approximately 600 properties (over 159,340 rooms). The Company's full service hotels and resorts operate under six brands: Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric and Hyatt. The Company's two select service brands include Hyatt Place and Hyatt House.
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