Playa Hotels & Resorts (NASDAQ:PLYA) Target Raised by Citigroup Inc to $3.00

0
53
Vintage toned Wall Street at sunset, Manhattan, New York City, USA.

Playa Hotels & Resorts stock has undergone multiple analysts rating changes in the recent past.  Playa Hotels & Resorts stock Target Raised by   Citigroup Inc on 7/2/2020. In a note to investors, the firm issued a new target price of $3.00. The analysts previously had $1.00 target price. Citigroup Inc’s price target would indicate a potential upside of -17.13% from the stock’s previous close.

Shares of Playa Hotels & Resorts traded down -$0.14 on Thursday, reaching $3.52. 802005 shares of the stock traded hands, compared to its average volume of 1929258. Shares of Playa Hotels & Resorts were trading at $3.52 on Thursday at close. The firm’s 50 day moving average is $$2.97 and its 200 day moving average is $5.51.Playa Hotels & Resorts  has a 12 month low of $3.50 and a 12 month high of $8.59. While on yearly highs and lows, Playa Hotels & Resorts today has traded high as $3.85 and has touched $3.50 on the downward trend.

Playa Hotels & Resorts Earnings and What to expect: 

Playa Hotels & Resorts last released its quarterly earnings data on May 11th, 2020. The reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. The company had revenue of $177.23 million for the quarter, compared to analyst estimates of $171.22 million. Its revenue was down 9.5% on a year-over-year basis. Playa Hotels & Resorts has generated $0.07 earnings per share over the last year. Playa Hotels & Resorts has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 4.09%
  • On 6/15/2020 Major Shareholder Financial Co Ltd. Sagicor Buy 1,500,000 at average share price of $3.97 which equates to $5,955,000.00 in money value.
  • On 6/15/2020 EVP Tracy M J Colden Buy 8,160 at average price of  $3.67 with total value of : Not Data Available
  • On 5/28/2020 COO Alexander Stadlin Sell 5,197 at average price of  $2.72 with total value of : $14,135.84
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Playa Hotels & Resorts

  • 7/1/2020 – Playa Hotels & Resorts was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. (View)
  • 5/21/2020 – Playa Hotels & Resorts was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. (View)
  • 5/16/2020 – Playa Hotels & Resorts was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. (View)
  • 5/13/2020 – Playa Hotels & Resorts is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $8.00 price target on the stock. (View)
  • See More Analyst Rating at: RATING

Other rating updates by Citigroup Inc: 

  • 7/3/2020 – SSP Group had its “buy” rating re-affirmed by analysts at Citigroup Inc. They now have a GBX 335 price target on the stock. (View)
  • 7/2/2020 – OTCMKTS:PROSY had its “buy” rating re-affirmed by analysts at Citigroup Inc. (View)
  • 7/2/2020 – Agree Realty had its price target raised by analysts at Citigroup Inc from $70.00 to $76.00. They now have a “buy” rating on the stock. (View)
  • 7/2/2020 – Regency Centers had its price target raised by analysts at Citigroup Inc from $38.00 to $46.00. They now have a “neutral” rating on the stock. (View)
  • See More Analyst Rating at: RATING

Playa Hotels & Resorts (NASDAQ:PLYA) Moving Average Technical Analysis

5 day Moving Average is $$3.59 And 5 day price change is $0.01 (0.28%)  with average volume for 5 day average is 1,059,920. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $3.66 and 20 day price change is -$0.50 (-12.44%) and average 20 day moving volume is 1,553,655. 50 day moving average is $2.97  and 50 day price change is $1.35 ( 62.21%)  and with average volume for 50 days is : 1,575,004. 200 day moving average is $5.51  and 200 day price change is -$4.46 (-55.89%)  and with average volume for 200 days is : 725,669.

See More Analyst Rating at: RATING