Wells Fargo Sticks to Their Hold Rating for Hyatt Hotels Corp (H)

By Carrie Williams

Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on Hyatt Hotels Corp (HResearch Report) on July 21. The company’s shares opened today at $78.21.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 12.2% and a 67.6% success rate. Donnelly covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Camden Property Trust, and American Assets Trust.

The word on The Street in general, suggests a Hold analyst consensus rating for Hyatt Hotels Corp with a $82.25 average price target, a 5.2% 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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Hyatt Hotels Corp’s market cap is currently $8.1B and has a P/E ratio of 20.91. The company has a Price to Book ratio of 2.28.

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.