Host Hotels & Resorts (HST) : 14 analysts are covering Host Hotels & Resorts (HST) and their average rating on the stock is 2.57, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Host Hotels & Resorts (HST) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Host Hotels & Resorts (HST) : Currently there are 11 street experts covering Host Hotels & Resorts (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 (NYSE:HST): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.98 and $15.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.26, notching a gain of 1.06% for the day. The total traded volume was 7,110,677 . The stock had closed at $16.09 on the previous day.
Also, Equity Analysts at the Raymond James upgrades the rating on Host Hotels & Resorts (NYSE:HST). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Underperform. The rating by the firm was issued on May 18, 2016. The company shares have dropped -22.08% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $21.40 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $15.66 and the 200 Day Moving Average price is recorded at $15.43.
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.