Park Hotels & Resorts Inc. with ticker code (PK) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 25 and 11 calculating the average target price we see 15.77. Now with the previous closing price of 15.01 this would imply there is a potential upside of 5.1%. The 50 day moving average now sits at 12.52 while the 200 day moving average is 14.29. The company has a market cap of $3,379m. Visit the company website at: https://www.pkhotelsandresorts.com
The potential market cap would be $3,550m 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.
