MLV & Co Starts Stock Coverage on Host Hotels & Resorts (HST)

By admin | 6 years ago

Investment analysts at MLV & Co assumed coverage on shares of Host Hotels & Resorts (NYSE: HST) in a note issued to investors on Wednesday. The firm set a “buy” rating and a $18.00 price target on the stock.

Shares of Host Hotels & Resorts traded down 1.12% during mid-day trading on Wednesday, hitting $14.99. Host Hotels & Resorts has a 52 week low of $9.78 and a 52 week high of $17.81. The company has a market cap of $10.780 billion and a P/E ratio of 248.52.

Host Hotels & Resorts last announced its earnings results on Wednesday, April 25th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.01. Host Hotels & Resorts’s revenue was up 10.3% compared to the same quarter last year. On average, analysts predict that Host Hotels & Resorts will post $0.20 earnings per share next quarter.

A number of other firms have also recently commented on HST. Analysts at Zacks reiterated a “neutral” rating on shares of Host Hotels & Resorts in a research note to investors on Thursday, April 26th. They now have a $17.00 price target on the stock. Separately, analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of Host Hotels & Resorts in a research note to investors on Thursday, April 26th. Finally, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of Host Hotels & Resorts from $14.00 to $17.00 in a research note to investors on Thursday, April 26th.

Host Hotels & Resorts, Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT).

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