Park Hotels & Resorts Inc (PK) Gets a Buy Rating from Barclays

By Carrie Williams

In a report issued on March 1, Anthony Powell from Barclays maintained a Buy rating on Park Hotels & Resorts Inc (PKResearch Report), with a price target of $35. The company’s shares closed on Friday at $31.50.

According to TipRanks.com, Powell is a 3-star analyst with an average return of 7.9% and a 63.6% success rate. Powell covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Apple Hospitality REIT, and Host Hotels & Resorts.

Park Hotels & Resorts Inc has an analyst consensus of Moderate Buy, with a price target consensus of $32.50, representing a 3.2% upside. In a report issued on February 28, Nomura also maintained a Buy rating on the stock with a $36 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $34.27 and a one-year low of $23.56. Currently, Park Hotels & Resorts Inc has an average volume of 1.73M.

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.

Park Hotels & Resorts, Inc. owns and operates hotels and resorts. It offers accommodation, lodging, and different amenities to business and leisure travelers.