Bank of America Securities Remains a Buy on Host Hotels & Resorts (HST)

In a report released today, Shaun Kelley from Bank of America Securities maintained a Buy rating on Host Hotels & Resorts (HST – Research Report). The company’s shares opened today at $18.77.

According to TipRanks, Kelley is a 3-star analyst with an average return of 1.9% and a 48.61% success rate. Kelley covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, Penn National Gaming, and Hilton Worldwide Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Host Hotels & Resorts with a $22.82 average price target, which is a 21.58% upside from current levels. In a report released on April 17, Barclays also maintained a Buy rating on the stock with a $25.00 price target.

The company has a one-year high of $21.10 and a one-year low of $14.44. Currently, Host Hotels & Resorts has an average volume of 5.79M.

Based on the recent corporate insider activity of 49 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 HST in relation to earlier this year. Last month, James Risoleo, the President & CEO of HST sold 28,136.00 shares for a total of $591,700.08.

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.

Host Hotels & Resorts (HST) Company Description:

Host Hotels & Resorts, Inc. is a self-managed and self-administered real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the Hotel Ownership segment. Its properties are located in U.S., Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.