Barclays analyst Brandt Montour has adjusted the financial outlook for Hyatt (H, Financial), reducing the stock's price target from $151 to $122. This update comes in anticipation of the upcoming first-quarter earnings report for the company. Despite maintaining an Equal Weight rating, the decision reflects a broader expectation of declining forecasts within the lodging sector.
The lodging industry is currently facing several obstacles that may hinder growth, according to Montour's analysis. These challenges have led Barclays to revise its Revenue Per Available Room (RevPAR) projections across various companies. However, the analyst notes that robust fee structures in place are likely to support continued profitability for Hyatt and similar lodging corporations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Hyatt Hotels Corp (H, Financial) is $147.06 with a high estimate of $201.00 and a low estimate of $110.00. The average target implies an upside of 41.11% from the current price of $104.22. More detailed estimate data can be found on the Hyatt Hotels Corp (H) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Hyatt Hotels Corp's (H, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hyatt Hotels Corp (H, Financial) in one year is $156.18, suggesting a upside of 49.86% from the current price of $104.22. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hyatt Hotels Corp (H) Summary page.
