Host Hotels & Resorts (HST) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $21 and the lowest price target forecast is $13. The average forecast of all the analysts is $16.96 and the expected standard deviation is $2.31.
Host Hotels & Resorts (HST) has shown a rise of 8.4% or 6,057,148 shares in the short positions. The bets have increased to 78,537,369 shares on June 30,2016 from 72,480,221 shares on June 15,2016. With respect to the floated shares, the shorts are 10.7%. The days to cover are calculated to be 6, using the standard per day volume of 12,604,222 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity analysts at the Brokerage firm Raymond James upgrades its rating on Host Hotels & Resorts (NYSE:HST). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on May 18, 2016.
Host Hotels & Resorts (NYSE:HST): stock turned positive on Thursday. Though the stock opened at $16.58, the bulls momentum made the stock top out at $16.81 level for the day. The stock recorded a low of $16.42 and closed the trading day at $16.71, in the green by 1.40%. The total traded volume for the day was 10,338,517. The stock had closed at $16.48 in the previous days trading.
Host Hotels & Resorts, Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations through Host Hotels & Resorts, L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units) as of December 31, 2014. As of February 20, 2015, the Companys lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59,000 rooms, with the majority located in the United States, and with 17 of the properties located outside of the United States, in Australia, Brazil, Canada, Chile, Mexico and New Zealand. In addition, the Company owns non-controlling interests in two international joint ventures.