Host Hotels and Resorts (HST) Given a $21.00 Price Target at Robert W. Baird

Host Hotels and Resorts (NYSE:HST) received a $21.00 price target from analysts at Robert W. Baird in a note issued to investors on Friday. The firm currently has a “buy” rating on the real estate investment trust’s stock. Robert W. Baird’s price objective would indicate a potential upside of 7.64% from the company’s previous close.

HST has been the topic of a number of other research reports. BidaskClub lowered shares of Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Boenning Scattergood raised shares of Host Hotels and Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 target price on the stock in a research note on Thursday, August 24th. Deutsche Bank raised shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and lifted their target price for the company from $18.00 to $21.00 in a research note on Thursday, October 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $19.00 target price on shares of Host Hotels and Resorts in a research note on Tuesday, October 17th. Finally, SunTrust Banks reaffirmed a “hold” rating on shares of Host Hotels and Resorts in a research note on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $20.04.

Shares of Host Hotels and Resorts (NYSE HST) opened at $19.51 on Friday. The stock has a market cap of $14,646.35, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Host Hotels and Resorts has a twelve month low of $17.26 and a twelve month high of $20.23. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.62 and a quick ratio of 3.62.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.33. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. Host Hotels and Resorts had a net margin of 11.11% and a return on equity of 8.44%. The company’s revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. equities analysts expect that Host Hotels and Resorts will post 1.66 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Eqis Capital Management Inc. boosted its stake in Host Hotels and Resorts by 19.7% during the third quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock worth $315,000 after acquiring an additional 2,803 shares in the last quarter. Swiss National Bank boosted its stake in Host Hotels and Resorts by 3.0% during the second quarter. Swiss National Bank now owns 2,701,069 shares of the real estate investment trust’s stock worth $49,349,000 after acquiring an additional 79,500 shares in the last quarter. Evanston Investments Inc. dba Evanston Advisors boosted its stake in Host Hotels and Resorts by 3.7% during the second quarter. Evanston Investments Inc. dba Evanston Advisors now owns 425,105 shares of the real estate investment trust’s stock worth $7,767,000 after acquiring an additional 15,247 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Host Hotels and Resorts by 165.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 561,000 shares of the real estate investment trust’s stock worth $10,249,000 after acquiring an additional 349,602 shares in the last quarter. Finally, Stevens Capital Management LP bought a new stake in Host Hotels and Resorts during the second quarter worth about $9,243,000.

ILLEGAL ACTIVITY WARNING: “Host Hotels and Resorts (HST) Given a $21.00 Price Target at Robert W. Baird” was first reported by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/12/02/host-hotels-and-resorts-hst-given-a-21-00-price-target-at-robert-w-baird.html.

Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

Analyst Recommendations for Host Hotels and Resorts (NYSE:HST)

Receive News & Ratings for Host Hotels and Resorts Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply