Park Hotels & Resorts Inc. with ticker code (PK) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 25 and 12 calculating the mean target price we have $16.00. Now with the previous closing price of $12.17 this is indicating there is a potential upside of 31.5%. There is a 50 day moving average of $12.79 and the 200 day MA is $13.11. The company has a market cap of $2,621m. You can visit the company’s website by visiting: https://www.pkhotelsandresorts.com
The potential market cap would be $3,445m based on the market consensus.
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.
The company has a dividend yield of 4.93% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 16.63, revenue per share of 11.04 and a 1.95% return on assets.
