Park Hotels & Resorts Inc has a consensus price target of $17.71 based on the ratings of 18 analysts. The high is $24 issued by Deutsche Bank on March 12, 2024. The low is $13 issued by Morgan Stanley on November 7, 2023. The 3 most-recent analyst ratings were released by UBS, Compass Point, and B of A Securities on November 18, 2024, October 31, 2024, and October 21, 2024, respectively. With an average price target of $17.17 between UBS, Compass Point, and B of A Securities, there's an implied 20.89% upside for Park Hotels & Resorts Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Park Hotels & Resorts (NYSE:PK) was reported by UBS on November 18, 2024. The analyst firm set a price target for $15.00 expecting PK to rise to within 12 months (a possible 5.63% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for Park Hotels & Resorts (NYSE:PK) was provided by UBS, and Park Hotels & Resorts maintained their neutral rating.
The last upgrade for Park Hotels & Resorts Inc happened on May 15, 2024 when Evercore ISI Group raised their price target to $20. Evercore ISI Group previously had an in-line for Park Hotels & Resorts Inc.
The last downgrade for Park Hotels & Resorts Inc happened on September 26, 2024 when Wolfe Research changed their price target from N/A to N/A for Park Hotels & Resorts Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Park Hotels & Resorts, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Park Hotels & Resorts was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Park Hotels & Resorts (PK) rating was a maintained with a price target of $14.00 to $15.00. The current price Park Hotels & Resorts (PK) is trading at is $14.20, which is within the analyst’s predicted range.
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