What Analysts Recommend for Hyatt Ahead of Its 2Q17 Results


Jul. 31 2017, Updated 10:37 a.m. ET

Analyst views

According to Reuters, of the 22 analysts tracking Hyatt (H), three analysts (13.6%) have a “strong buy” rating on the stock, two analysts (9.1%) have a “buy” rating, 16 analysts (72.7%) have a “hold” rating, and one analyst (4.5%) has a “sell” rating. There are no “strong sell” ratings on the stock.

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Analyst upgrades and downgrades

Some analysts have adjusted their target prices before Hyatt’s 2Q17 earnings release. Susquehanna raised its target price from $60 to $66 in May, and then cut it to $65 in June. Evercore ISI raised its target price from $49 to $50. Wolfe Research raised its rating on the stock from “underperform” to “peer perform.” Morgan Stanley raised its target price from $53 to $58 and maintained an “equal-weight” rating. JPMorgan Chase raised its target price from $57 to $59 and maintained its “neutral” rating

Target price

Hyatt’s consensus-12-month target price is $60.20, which indicates a 9.0% return potential based on the closing price of $55.20 on July 24, 2017. The stock’s highest target price is $67, and its lowest target price is $50.

The consensus target price has risen since the release of last quarter’s results. At the end of 1Q17, Hyatt’s consensus target price was $58.60.

Investors can gain exposure to the hotel sector by investing in the PowerShares Dynamic Leisure and Entertainment Portfolio ETF (PEJ), which invests 2.6% of its portfolio in Hyatt and 2.9% in Wyndham Worldwide (WYN). However, it has no exposure to Marriott International (MAR) or Hilton Worldwide Holdings (HLT).


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