Analyst Rating Update on Host Hotels & Resorts (HST)

Host Hotels & Resorts (HST) : Zacks Investment Research ranks Host Hotels & Resorts (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. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.8, which indicates as a Hold.

Host Hotels & Resorts (HST) : The highest level Host Hotels & Resorts (HST) is projected to reach is $19 for the short term and the lowest estimate is at $13. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $16.67 and the possibility the share price can swing is $1.76.

Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Evercore ISI Group downgrades its rating on Host Hotels & Resorts (NYSE:HST). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 20, 2016.


Host Hotels & Resorts (NYSE:HST): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.44 and $17.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.55, notching a gain of 0.63% for the day. The total traded volume was 6,686,444 . The stock had closed at $17.44 on the previous day.

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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