Park Hotels & Resorts Inc (PK) Stock AnalysisPKPark Hotels & Resorts Inc

Park Hotels & Resorts Inc. is a lodging real estate investment trust (REIT) with a portfolio of hotels and resorts. Its portfolio consists of approximately 34 hotels and resorts with 23,000 rooms, located in the United States. It operates the business through three operating segments, which include Core hotels, consolidated Non-Core hotels and unconsolidated hotels. Its Core hotels are located in urban and convention areas, such as New York City, Washington, D.C., Chicago, Boston, New Orleans and Denver; and premier resorts in leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airport and suburban locations. Its Core Hotels include Hilton Hotels & Resorts, Hyatt Regency, Signia by Hilton, DoubleTree by Hilton, DoubleTree by Hilton, Marriott Tribute Portfolio and JW Marriott. Its Non-Core Hotels include Marriott, Marriott Tribute Portfolio and Embassy Suites by Hilton. It operates in the Real Estate sector (HOTELS & MOTELS industry).

Park Hotels & Resorts Inc is a good buy right now due to its recent upgrade to Strong Buy by Raymond James, indicating strong future growth potential. The stock's current price is $15.17, which is below the average analyst target of $18.67, suggesting a potential upside of approximately 23%. Additionally, the company has shown a significant year-to-date change of +40.85%, indicating strong performance in the market.

13 analysts cover PK: 6 rate it Buy, 7 Hold and 0 Sell. The average price target is 11.93.