Park Hotels & Resorts Inc. with ticker code (PK) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 28 and 15 with the average target price sitting at 21.32. Given that the stocks previous close was at 15.54 this would imply there is a potential upside of 37.2%. There is a 50 day moving average of 15.41 while the 200 day moving average is 17.92. The market cap for the company is $3,512m. Company Website: https://www.pkhotelsandresorts.com
The potential market cap would be $4,819m 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.
