Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) a Buy: Deutsche Bank

In a research note issued to investors, Carlo Santarelli at Deutsche Bank Reiterated their Buy rating on Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT). The analyst placed a $87.00 price target on the stock which indicates a 14.08% upside to the last closing price. In the year following Santarelli’s ratings, the stocks covered yield an average return of 8.10% according to TipRanks.com. In the past year 38 out of 64 recommendations or 59% were successful.

Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) shares opened the most recent trading session at N/A and at the time of writing the last Bid was at 0.00. In the current trading session the stock reached as high as N/A and dipped down to N/A. Starwood Hotels &, a NYSE listed company, has a current market cap of 13.449B and on average over the past 3 months has seen 2446690 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 75.3609. Based on a recent trade, this puts the equity at +3.34% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -9.56% away from it’s 52-week high of 86.11 and +13.64% away from the stock’s low point over the past 52 weeks, which was 68.53. On a consensus basis, analysts have a one year target price of 85.22. The company last reported earnings per share of 3.406.

The consensus analyst estimates according to First Call for the next quarter is 0.80. The current year EPS estimate on the stock is 3.01 and the EPS estimate for next year sits at 3.46. In looking at the fundamentals, HOT has a P/E ratio of 22.87 and a price to book ratio of 8.82. The company’s Book Value is 8.831 and most recently reported EBITDA of 1.159B. The price compared to next year’s EPS estimate in the current year is 22.51.

Company Profile

Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), is hotel and Leisure Company. Starwood is an owner, operator and franchisor of hotels, resorts and residences with under the brands St. Regis, The Luxury Collection, W, Westin, Le Meridien, Sheraton, Four Points, Aloft, and Element. The Company operates in three segments: the Americas, Europe, Africa and Middle East (EAME), and Asia Pacific. The North America region comprises 601 Properties with 500 operating hotels and 183,922 rooms. The Latin America consists of Properties 17,453 with 70 hotels and 80 rooms operating in 13 countries. The Company has 247 Properties with 62,561 rooms. The Middle East and North Africa offers multiple signings in Saudi Arabia, the UAE, Libya, Madagascar and Mauritius. The Company operates in locations, such as London, Paris, Barcelona and Milan. The Company has 278 Properties with 88,802 rooms. The Company operates China, India, Japan, Thailand and Oceania.