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Tuesday, 29 September 2026

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Raymond James Upgrades Park Hotels & Resorts to Strong Buy from Market Perform

Fintel reports that on September 28, 2026, Raymond James upgraded their outlook for Park Hotels & Resorts (NYSE:PK) (LSE:0KFU) from Market Perform to Strong Buy.

Park Hotels & Resorts Inc., based in the United States, operates in the hospitality sector as a real estate investment trust (REIT), primarily focusing on the ownership and management of upscale and luxury hotels. As one of the largest publicly traded lodging REITs, the company owns a diverse portfolio that encompasses properties across major metropolitan and resort markets in the U.S.

On September 28, 2026, the company's stock closed at $15.72. This represents a price change of +3.76% over one week, compared to the baseline close of $15.15 on September 21, 2026. Over a one-month period, the stock experienced a price change of -0.69% from the baseline close of $15.83 on August 28, 2026. Prior to the rating action, the stock closed at $15.43 on September 25, 2026.

Park Hotels & Resorts reported its latest earnings on August 6, 2026. The actual earnings per share (EPS) was 0.245, compared to the estimated EPS of 0.2451, representing an EPS surprise of -0.04%. The actual revenue for the quarter was $680,000,000.00, which was below the estimated revenue of $681,388,074.00.

As of September 15, 2026, the current consensus target mean for the stock was $15.99, with a median target of $15.56. This mean target represents an implied change of +1.73% from the stock's pricing. The prior consensus target mean was $15.41 as of August 28, 2026, reflecting a consensus target revision of +3.78%.

For the recommendation period of September 1, 2026, the aggregate analyst recommendations consisted of 5 strong buy, 5 buy, 14 hold, 2 sell, and 0 strong sell ratings, totaling 26 recommendations. This breakdown shows 38.5% positive, 53.8% hold, and 7.7% negative recommendations. These figures remained unchanged from the prior recommendation period of August 1, 2026, which also recorded 5 strong buy, 5 buy, 14 hold, 2 sell, and 0 strong sell ratings.

In other recent analyst activities, Truist Securities maintained a Hold rating on the stock on September 10, 2026, with both the from and to ratings recorded as Hold. Prior to that, on September 1, 2026, BMO Capital upgraded the stock from Market Perform to Outperform.

Recent analyst actions

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This story originally appeared on Fintel.