Deutsche Bank analyst Carlo Santarelli maintained a Hold rating on Hyatt Hotels (H – Research Report) today and set a price target of $95.00. The company’s shares closed last Thursday at $102.10, close to its 52-week high of $108.10.
According to TipRanks.com, Santarelli is a top 100 analyst with an average return of 24.5% and a 64.1% success rate. Santarelli covers the Services sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Caesars Entertainment.
Currently, the analyst consensus on Hyatt Hotels is a Moderate Buy with an average price target of $97.47, representing a -2.5% downside. In a report issued on February 14, Robert W. Baird also maintained a Hold rating on the stock with a $88.00 price target.
The company has a one-year high of $108.10 and a one-year low of $67.70. Currently, Hyatt Hotels has an average volume of 923.2K.
Based on the recent corporate insider activity of 86 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels. The Americas Management and Franchising segment consists of properties located in the United States, Latin America, Canada, and the Caribbean. The ASPAC Management and Franchising segment includes of its management and franchising of properties located in Southeast Asia, Greater China, Australia, South Korea, Japan and Micronesia. The EAME/SW Asia Management segment comprises of its management and franchising of properties located primarily in Europe, Africa, the Middle East, India, Central Asia, and Nepal. The company was founded by Thomas Jay Pritzker in 1957 and is headquartered in Chicago, IL.
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