Analyst Scoreboard: 5 Ratings For Ryman Hospitality Props
Portfolio Pulse from Benzinga Insights
Analysts have provided varying ratings for Ryman Hospitality Props (NYSE:RHP) over the last quarter, with a recent shift towards a more bullish stance. The average 12-month price target for RHP has increased to $116.0, up from $107.20, with a high estimate of $134.00 and a low of $102.00. Analysts from Truist Securities, Wells Fargo, and JP Morgan have raised their price targets, reflecting positive market dynamics and company performance. Ryman Hospitality Props is a REIT specializing in upscale convention center resorts and country music entertainment, with strong financial indicators such as a 12.99% revenue growth rate and a net margin of 7.8%.
January 12, 2024 | 8:00 pm
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Ryman Hospitality Props has seen a positive shift in analyst ratings with an increased average 12-month price target to $116.0, indicating a bullish sentiment. The company's strong financial performance, including a 12.99% revenue growth and a high net margin, supports this optimism.
The increase in the average price target and the recent upgrades by analysts suggest a positive short-term impact on RHP's stock price. The strong financial indicators such as revenue growth and net margin further reinforce the likelihood of a positive market response.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100