Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Hold rating on Hyatt Hotels (NYSE:H) Corp on Wednesday, setting a price target of $80, which is approximately 5.54% above the present share price of $75.8.
Santarelli expects Hyatt Hotels Corp to post earnings per share (EPS) of -$2.99 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Hyatt Hotels, with an average price target of $78.13.
The analysts price targets range from a high of $105 to a low of $60.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $438 million and a net profit of -$155 million. The company's market cap is $7.71 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.8% and a 63.71% success rate.
Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels. The Americas Management and Franchising segment consists of properties located in the United States, Latin America, Canada, and the Caribbean. The ASPAC Management and Franchising segment includes of its management and franchising of properties located in Southeast Asia, Greater China, Australia, South Korea, Japan and Micronesia. The EAME/SW Asia Management segment comprises of its management and franchising of properties located primarily in Europe, Africa, the Middle East, India, Central Asia, and Nepal. The company was founded by Thomas Jay Pritzker in 1957 and is headquartered in Chicago, IL.