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Barclays upped their price target on shares of Host Hotels and Resorts (NYSE:HST) from $21.00 to $22.00 in a research note issued on Friday, American Banking and Market News reports. Barclays’ price objective indicates a potential upside of 2.47% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at MLV & Co
raised their price target on shares of Host Hotels and Resorts from $23.00 to $25.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Host Hotels and Resorts in a research note on Monday, April 14th. They now have a $21.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Host Hotels and Resorts presently has an average rating of “Buy” and an average price target of $21.13.

Shares of Host Hotels and Resorts (NYSE:HST) opened at 21.47 on Friday. Host Hotels and Resorts has a 52-week low of $15.60 and a 52-week high of $21.71. The stock’s 50-day moving average is $20.57 and its 200-day moving average is $19.31. The company has a market cap of $16.247 billion and a price-to-earnings ratio of 50.71. Host Hotels and Resorts also was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 13,250 call options on the stock. This is an increase of 228% compared to the average volume of 4,040 call options.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.03. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the company posted $0.28 earnings per share. Host Hotels and Resorts’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that Host Hotels and Resorts will post $1.43 earnings per share for the current fiscal year.

Host Hotels & Resorts, Inc (NYSE:HST), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT.

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