SunTrust Upgrades Hyatt Hotels Corp. to Buy

By George MacDonald

In a report released today, Patrick Scholes from SunTrust upgraded Hyatt Hotels Corp. (NYSE: H) to Buy, with a price target of $74. The company’s shares closed last Friday at $56.63.

Hyatt Hotels Corp. has an analyst consensus of Strong Buy, with a price target consensus of $74.

Hyatt Hotels Corp.`s market cap is currently $2.22B and has a P/E ratio of 45.4. The company has a book value ratio of 1.84%.

According to TipRanks, Scholes is ranked #1323 out of 3464 analysts.

Hyatt Hotels Corp is a global hospitality company. The Company own and develop a portfolio of hotels, resorts and residential and vacation ownership properties around the world.