Based in Maryland, Host Hotels & Resorts is a leading lodging real estate investment trust with a market cap of $11.2 billion, owning luxury hotels worldwide. However, the company has underperformed the market, with stock dropping 10.3% YTD and 11.7% over the past year, trailing behind other indexes.

Despite releasing strong Q2 financials, Host Hotels & Resorts saw a 2.5% drop in stock prices. While revenues per available room increased by 8.2%, operating profit declined by 5.1%. Concerns arose over a 1% decrease in adjusted funds from operations, affecting earnings and cash flow growth.

Analysts predict a 2.5% year-over-year AFFO drop for Host in fiscal 2025, but the company has a history of meeting or exceeding bottom-line estimates. With a consensus “Moderate Buy” rating, analysts see potential for growth, with a mean price target of $17.91, indicating a 13.9% upside potential.

Stifel analyst Simon Yarmak recently maintained a “Buy” rating on Host Hotels & Resorts, raising the price target to $19. Analysts see a 33.6% premium to current price levels with a Street-high target of $21.

Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Host Hotels & Resorts Stock?