Host Hotels & Resorts (HST) : 3 brokerage houses believe that Host Hotels & Resorts (HST) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Host Hotels & Resorts (HST). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.64.
Host Hotels & Resorts (HST) stock is expected to deviate a maximum of $1.86 from the average target price of $16.91 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $19 and the most muted being $13.
Also, BTIG Research initiates coverage on Host Hotels & Resorts (NYSE:HST). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 25, 2016.
Host Hotels & Resorts (NYSE:HST): The stock opened in the green at $16.11 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $16.295 and a low of $16.01 for the day. The stock did not find buyers even at the lows and closed at $16.1 recording a loss of -0.49%. 7,135,129 shares exchanged hands during the trading day. The stock had closed at $16.18 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.