Canaccord Genuity Initiates Coverage on Park Hotels & Resorts Inc (PK)
Other research analysts have also recently issued research reports about the company. SunTrust Banks, Inc. initiated coverage on Park Hotels & Resorts in a research report on Wednesday, January 4th. They set a “hold” rating and a $29.00 target price on the stock. Goldman Sachs Group, Inc. (The) initiated coverage on Park Hotels & Resorts in a research report on Thursday, January 5th. They set a “neutral” rating and a $31.00 target price on the stock.
Park Hotels & Resorts (NYSE:PK) opened at 29.80 on Wednesday. The firm has a 50-day moving average price of $29.14 and a 200-day moving average price of $29.14. Park Hotels & Resorts has a one year low of $28.02 and a one year high of $30.74.
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The business also recently announced a special dividend, which will be paid on Thursday, March 9th. Investors of record on Thursday, January 19th will be given a dividend of $2.79 per share. The ex-dividend date is Tuesday, January 17th.
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About Park Hotels & Resorts
Park Hotels & Resorts Inc, formerly Hilton Worldwide, Inc, is lodging real estate company. The Company has a portfolio of hotels and resorts. The Company operates through ownership segment. The Company’s portfolio consists of approximately 70 hotels and resorts with approximately 36,000 rooms located in the United States and international markets.
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