In a report released on September 30, Richard Anderson from Wedbush initiated coverage with a Hold rating on Host Hotels & Resorts and a price target of $19.00. The company’s shares closed yesterday at $17.05.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Anderson is a 4-star analyst with an average return of 8.4% and a 68.31% success rate. Anderson covers the Real Estate sector, focusing on stocks such as AvalonBay, Douglas Emmett, and Safehold.
Currently, the analyst consensus on Host Hotels & Resorts is a Moderate Buy with an average price target of $18.62, representing a 9.21% upside. In a report released on September 23, UBS also maintained a Hold rating on the stock with a $18.00 price target.
HST market cap is currently $11.72B and has a P/E ratio of 18.05.
Read More on HST: