Hyatt Hotels Corporation Stock (H): $110 Price Target From Macquarie

By Amit Chowdhry ● Jan 23, 2022
  • The shares of Hyatt Hotels Corporation (NYSE: H) have received a $110 price target from Macquarie. These are the details.

The shares of Hyatt Hotels Corporation (NYSE: H) have received a $110 price target from Macquarie. And Macquarie analyst Chad Beynon upgraded Hyatt to an “Outperform” rating from a “Neutral” rating.

Beynon explained that after factoring in the ALG acquisition – as well as several potential asset divestitures – he now views Hyatt as being the best positioned among the Lodging stocks covered for RPI improvement, net unit growth, and EBITDA leverage on currently owned assets and value accretion on the asset transition.

Plus Beynon also likes that Hyatt’s pipeline skews more towards Luxury as well as Upper Upscale/All inclusive.