Analysts Offer Insights on Financial Companies: Park Hotels & Resorts Inc (NYSE: PK) and Meridian Interstate Bancorp (NASDAQ: EBSB)

By Austin Angelo

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Park Hotels & Resorts Inc (NYSE:PK) and Meridian Interstate Bancorp (NASDAQ:EBSB).

Park Hotels & Resorts Inc (PK)

Barclays analyst Felicia Hendrix maintained a Buy rating on Park Hotels & Resorts Inc yesterday and set a price target of $36. The company’s shares closed yesterday at $32.58, close to its 52-week high of $33.14.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 6.3% and a 59.5% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Extended Stay America.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Park Hotels & Resorts Inc with a $32.71 average price target, which is a 0.4% upside from current levels. In a report released today, Jefferies also reiterated a Buy rating on the stock with a $38 price target.

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Meridian Interstate Bancorp (EBSB)

Piper Jaffray analyst Matthew Breese reiterated a Hold rating on Meridian Interstate Bancorp today and set a price target of $20. The company’s shares closed yesterday at $18.50.

According to TipRanks.com, Breese is a 4-star analyst with an average return of 8.7% and a 72.4% success rate. Breese covers the Financial sector, focusing on stocks such as Metropolitan Bank Holding Corp, Provident Financial Services, and Financial Institutions Inc.

Currently, the analyst consensus on Meridian Interstate Bancorp is a Hold with an average price target of $20.

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