Short Term Price Target on Host Hotels & Resorts (HST)

Host Hotels & Resorts (NYSE:HST) : Currently there are 11 street experts covering Host Hotels & Resorts (NYSE:HST) stock. The most bullish and bearish price target for the stock is $21 and $13 respectively for the short term. The average price target of all the analysts comes to $16.96. The estimated standard deviation from the target is $2.31.

Host Hotels & Resorts, Inc. has dropped 3.05% in the last five trading days, however, the shares have posted positive gains of 6.43% in the last 4 weeks. Host Hotels & Resorts, Inc. is up 2.32% in the last 3-month period. Year-to-Date the stock performance stands at 8.45%. Also, Raymond James upgrades its view on Host Hotels & Resorts (NYSE:HST) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Underperform. The rating by the firm was issued on May 18, 2016.

Host Hotels & Resorts (NYSE:HST) : Zacks Investment Research ranks Host Hotels & Resorts (NYSE:HST) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.57, which indicates as a Hold.

Host Hotels & Resorts (NYSE:HST): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.06 and $15.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.21, notching a gain of 1.00% for the day. The total traded volume was 10,087,585 . The stock had closed at $16.05 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Macnamara Brian G, officer (SVP, Controller) of Host Hotels & Resorts, Inc., had unloaded 5,000 shares at an average price of $16.86 in a transaction dated on March 14, 2016. The total value of the transaction was worth $84,300.

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.

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