In a report released yesterday, Smedes Rose from Citi maintained a Buy rating on Playa Hotels & Resorts (PLYA – Research Report), with a price target of $11.00. The company’s shares closed yesterday at $7.39.
According to TipRanks, Rose is an analyst with an average return of -9.6% and a 67.74% success rate. Rose covers the Real Estate sector, focusing on stocks such as Extra Space Storage, Park Hotels & Resorts, and Playa Hotels & Resorts.
Playa Hotels & Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $12.40.
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PLYA market cap is currently $1.13B and has a P/E ratio of 20.91.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PLYA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Playa Hotels & Resorts NV engages in the ownership, operation, and development of all-inclusive resorts in beachfront location destinations in Mexico and the Caribbean. It operates through the following geographical segments: Yucatán Peninsula, Pacific Coast, and Caribbean Basin. The company was founded on March 28, 2013 and is headquartered in Amsterdam, the Netherlands.
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