Hyatt Hotels Earns Earnings Beat and Consensus “Moderate Buy” Rating
Hyatt Hotels Corporation received a consensus “Moderate Buy” from 15 brokerages, with an average 12-month target price of $196.64. The company reported $1.12 earnings per share, beating the $0.91 estimate. Investors of record will receive a $0.15 dividend. Brokerage price targets and ratings varied, with some upgrades and downgrades.