Park Hotels & Resorts Inc. with ticker code (PK) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 28 and 18 with a mean TP of 23. With the stocks previous close at 18.15 this would imply there is a potential upside of 26.7%. The day 50 moving average is 18.37 and the 200 day moving average is 19.47. The company has a market cap of $4,200m. Visit the company website at: https://www.pkhotelsandresorts.com
The potential market cap would be $5,322m based on the market concensus.
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.
