Host Hotels and Resorts (NYSE:HST) has been assigned a $23.00 target price by equities research analysts at Deutsche Bank in a research note issued to investors on Friday. The firm presently has a “buy” rating on the real estate investment trust’s stock. Deutsche Bank’s price target would suggest a potential upside of 17.83% from the stock’s previous close.

HST has been the subject of a number of other reports. Wolfe Research initiated coverage on Host Hotels and Resorts in a report on Wednesday, November 29th. They set a “market perform” rating for the company. Stifel Nicolaus restated a “buy” rating and set a $20.50 target price on shares of Host Hotels and Resorts in a report on Friday, November 3rd. Zacks Investment Research cut Host Hotels and Resorts from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Raymond James Financial upgraded Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a report on Monday, January 8th. Finally, Boenning Scattergood restated a “buy” rating and set a $20.00 target price on shares of Host Hotels and Resorts in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $20.63.

Host Hotels and Resorts (HST) opened at $19.52 on Friday. The firm has a market capitalization of $14,446.52, a price-to-earnings ratio of 11.69, a PEG ratio of 2.37 and a beta of 1.26. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. Host Hotels and Resorts has a twelve month low of $17.26 and a twelve month high of $21.53.

In other Host Hotels and Resorts news, EVP Elizabeth A. Abdoo sold 60,000 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $20.45, for a total value of $1,227,000.00. Following the sale, the executive vice president now owns 168,905 shares of the company’s stock, valued at approximately $3,454,107.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Amica Retiree Medical Trust acquired a new stake in Host Hotels and Resorts in the 3rd quarter valued at about $154,000. Penserra Capital Management LLC acquired a new stake in Host Hotels and Resorts in the 3rd quarter valued at about $177,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Host Hotels and Resorts in the 4th quarter valued at about $188,000. Newman Dignan & Sheerar Inc. acquired a new stake in Host Hotels and Resorts in the 3rd quarter valued at about $194,000. Finally, IFP Advisors Inc raised its position in Host Hotels and Resorts by 695.1% in the 4th quarter. IFP Advisors Inc now owns 9,915 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 8,668 shares in the last quarter.

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About Host Hotels and Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

Analyst Recommendations for Host Hotels and Resorts (NYSE:HST)

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