Key Insights:
- Hyatt Hotels Corp (H, Financial) debuts its second JdV by Hyatt property in Toronto, enhancing its Canadian footprint.
- Wall Street analysts project a significant upside potential for Hyatt shares.
- Current consensus recommendation for Hyatt stock stands at "Hold."
Hyatt Hotels Corporation (NYSE: H), a leading player in the hospitality industry, recently unveiled the TOOR Hotel in Toronto's Garden District. This marks the expansion of its JdV by Hyatt brand within the city, increasing the tally to two properties. The new hotel boasts 232 rooms with spectacular views of the city and lake, and it is integrated into the World of Hyatt loyalty program. Despite this strategic expansion, Hyatt shares have dipped by 2.2%, reflecting the broader market's selling pressure.
Wall Street Analysts Forecast
According to data compiled from 18 analysts, Hyatt Hotels Corp (NYSE: H) has an average one-year price target of $157.05. This target suggests a potential 47.30% upside from its current trading price of $106.62. Analysts have set a high estimate at $201.00 and a low at $127.00. For more in-depth forecast details, visit the Hyatt Hotels Corp (H, Financial) Forecast page.
The consensus among 23 brokerage firms places Hyatt Hotels Corp (NYSE: H) at an average recommendation score of 2.7, categorizing it as a "Hold." The rating scale ranges from 1, indicating a "Strong Buy," to 5, which suggests a "Sell."
Additionally, GuruFocus estimates the GF Value for Hyatt Hotels Corp (NYSE: H) is projected to be $157.03 in one year. This reflects a potential 47.28% upside from the present market price of $106.62. The GF Value metric is a proprietary estimate, depicting the fair value range based on historical trading multiples, business growth trajectory, and future performance projections. Detailed data is accessible on the Hyatt Hotels Corp (H, Financial) Summary page.
