Park Hotels & Resorts Inc Receives a Hold from Susquehanna

By Austin Angelo

In a report released today, Rachael Rothman from Susquehanna reiterated a Hold rating on Park Hotels & Resorts Inc (NYSE: PK), with a price target of $35. The company’s shares opened today at $31.47, close to its 52-week high of $32.14.

According to TipRanks.com, Rothman is a 4-star analyst with an average return of 9.5% and a 60.0% success rate. Rothman covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Park Hotels & Resorts Inc with a $32.57 average price target.

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The company has a one-year high of $32.14 and a one-year low of $23.56. Currently, Park Hotels & Resorts Inc has an average volume of 1.75M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.

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