6 Analysts Have This To Say About Host Hotels & Resorts
Portfolio Pulse from Benzinga Insights
In the past three months, 6 analysts have updated their ratings on Host Hotels & Resorts (NASDAQ:HST), showing a mix of bullish to indifferent views. The average 12-month price target is now $22.83, up from $20.17, indicating a 13.19% increase. Analysts from firms like Truist Securities, Stifel, B of A Securities, Oppenheimer, Jefferies, and Wells Fargo have raised their price targets, reflecting optimism about HST's market position, revenue growth, and financial performance. Host Hotels & Resorts, owning 77 luxury hotel properties, shows strong market capitalization, revenue growth, net margin, ROE, ROA, and prudent debt management.
March 14, 2024 | 3:00 pm
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POSITIVE IMPACT
Host Hotels & Resorts (NASDAQ:HST) receives positive analyst ratings with an increased average price target of $22.83, indicating a bullish outlook based on strong financial performance and market position.
The unanimous decision by analysts from reputable firms to raise their price targets for HST reflects a strong confidence in the company's financial health and market position. The increase in the average price target, coupled with HST's reported revenue growth, net margin, ROE, ROA, and effective debt management, suggests a bullish outlook for the stock in the short term. The company's strategic management of its luxury hotel properties and its performance relative to industry peers further support this positive assessment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100