In a report released today, Garrett Nelson from CFRA upgraded Hyatt Hotels to a Buy, with a price target of $161.00. The company’s shares closed today at $144.82.
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According to TipRanks, Nelson is a 3-star analyst with an average return of 1.7% and a 55.63% success rate. Nelson covers the Consumer Cyclical sector, focusing on stocks such as Asbury, AutoZone, and General Motors.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels with a $157.91 average price target, representing a 9.04% upside. In a report released on July 21, Bernstein also maintained a Buy rating on the stock with a $167.00 price target.
The company has a one-year high of $168.20 and a one-year low of $102.43. Currently, Hyatt Hotels has an average volume of 1.03M.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of H in relation to earlier this year. Last month, Cary Mcmillan, a Director at H sold 1,000.00 shares for a total of $132,700.00.
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