This is the calculated mean when averaged together from the 16 analysts providing estimates. The shares have received a hold rating based on the suggestion from 9 analysts in latest recommendations. The company’s adviser has communicated to the potential buyers to measure their interest and determine their objectives. The days to cover are 4, given the average daily volume of 8,064,704 shares. The increase was primarily driven by the acquisitions of the Four Seasons Resort Scottsdale at Troon North, the Montage Laguna Beach resort and the Four Seasons Hotel Austin, as well as the consolidation of the Hotel del Coronado. The analyst with the most positive stance on the stock, sees it going to $100 within the year, while the most conservative has their 52-week target set to $78. Evercore ISI upped their target price on shares of Strategic Hotels and Resorts from $13.00 to $14.00 in a research note on Thursday, August 6th. 8 analysts have suggested buy for the company. In October 2013, Starwood Hotels & Resorts Worldwide, Inc completed the sale of both The Westin San Francisco Airport and Aloft San Francisco Airport to a venture led by Ultima Hospitality. Underperform rating was given by 3 analyst. The rating by the firm was issued on May 6, 2015. Harrison Street Securities Llc is another bull as the investment professional who is having 617,560 shares of Strategic Hotels and Resorts or 2.82% of their US equity exposure. However, if the road gets shaky, the stock may fall short to $20 per share. 1,320,786 shares of the stock were exchanged.
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Shares of Host Hotels and Resorts (NYSE:HST) traded down 1.25% on Tuesday, reaching $18.92. The 52-week high of the share price is $14.26 and the company has a market cap of $3,876 million.
In looking at the recent earnings performance from Starwood Hotels & Resorts Worldwide, Inc., the company reported earnings per share of $0.84 for the quarter ending on 2014-12-31.
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The company shares have dropped 11.81% in the past 52 Weeks. 2,856,237 shares of the company traded hands. During the same quarter in the previous year, the firm earned $0.21 earnings per share. SHR conducts its operations through its direct and indirect subsidiaries, including its operating partnership, Strategic Hotel Funding, L.L.C. (SH Funding), which holds all of the Companys assets. Its brand names include The Luxury Collection (luxury full-service hotels and resorts), W (luxury and upscale full service hotels, retreats and residences), Westin (luxury and upscale full-service hotels, resorts and residences), Le Meridien (luxury and upscale full-service hotels, resorts and residences), Sheraton (luxury and upscale full-service hotels, resorts and residences), Four Points (select-service hotels), Aloft (select-service hotels), and Element (extended stay hotels).
