Hyatt Hotels Corp (H) Receives a Hold from Deutsche Bank

By Carrie Williams

Deutsche Bank analyst Carlo Santarelli maintained a Hold rating on Hyatt Hotels Corp (HResearch Report) yesterday and set a price target of $75. The company’s shares closed yesterday at $77.35.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 9.4% and a 59.0% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings Inc, and Marriott International.

Hyatt Hotels Corp has an analyst consensus of Hold, with a price target consensus of $79, implying a 2.1% upside from current levels. In a report issued on July 16, Nomura also maintained a Hold rating on the stock with a $83 price target.

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The company has a one-year high of $81.57 and a one-year low of $63.45. Currently, Hyatt Hotels Corp has an average volume of 493.9K.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock.

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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.