From MarketBeat: Host Hotels & Resorts, Inc. (NASDAQ:HST) Given Consensus Recommendation of “Moderate Buy” by Brokerages
From MarketBeat:
Host Hotels & Resorts, Inc. has received an average “Moderate Buy” rating from twelve brokerages, with an average 1-year price objective of $19.75. Host Hotels & Resorts shares have been the subject of many research reports, including a price target boost from Wells Fargo & Company to $22.00 and coverage initiation from Wolfe Research with an “outperform” rating and a $22.00 price target. The company’s stock had a 50-day moving average of $17.32 and a 200-day moving average of $16.84.
Host Hotels & Resorts has increased its dividend payment and insiders have been selling company stock. Additionally, institutional investors such as Hsbc Holdings PLC and Robeco Institutional Asset Management B.V. have increased their stakes in the company, signaling confidence in Host Hotels & Resorts’ future.
Host Hotels & Resorts, Inc. is an S&P 500 company and the largest lodging real estate investment trust, owning 72 properties in the United States and five internationally. Investors may want to consider other top-rated analyst-recommended stocks, as Host Hotels & Resorts was not among those highlighted by top analysts.
Read more: Host Hotels & Resorts, Inc. (NASDAQ:HST) Given Consensus Recommendation of “Moderate Buy” by Brokerages