Park Hotels & Resorts Inc (PK) Stock: Do Analysts Think You Should Buy?

Wall Street is positive on Park Hotels & Resorts Inc (PK). On average, analysts give PK a Buy rating. The average price target is $22.777, which means analysts expect the stock to add by 33.90% over the next twelve months. That average ranking earns PK an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating PK a Buy today. Find out what this means to you and get the rest of the rankings on PK!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Park Hotels & Resorts Inc Stock Today?

Park Hotels & Resorts Inc (PK) stock is trading at $17.01 as of 11:25 AM on Tuesday, Nov 30, a drop of -$0.97, or -5.37% from the previous closing price of $17.98. The stock has traded between $16.97 and $17.57 so far today. Volume today is less active than usual. So far 1,460,408 shares have traded compared to average volume of 3,684,120 shares. Click Here to get the full Stock Report for Park Hotels & Resorts Inc stock.