Wells Fargo Sticks to Its Hold Rating for Hyatt Hotels Corp (H)

In a report released yesterday, Jeffrey Donnelly from Wells Fargo maintained a Hold rating on Hyatt Hotels Corp (HResearch Report). The company’s shares closed last Monday at $75.59.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 12.7% and a 68.5% success rate. Donnelly covers the Financial sector, focusing on stocks such as American Assets Trust, Essex Property Trust, and VICI Properties Inc.

Hyatt Hotels Corp has an analyst consensus of Hold, with a price target consensus of $78.67, which is a 6.8% upside from current levels. In a report issued on July 31, Deutsche Bank also maintained a Hold rating on the stock with a $75 price target.

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The company has a one-year high of $81.57 and a one-year low of $63.45. Currently, Hyatt Hotels Corp has an average volume of 503.3K.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock.

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Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels.