BMO Reiterates Hold on Park Hotels & Resorts as Solid Q1 and Modest Guidance Raise Support Unchanged $11 Price Target

Park Hotels & Resorts, the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Ari Klein from BMO Capital maintained a Hold rating on the stock and has a $11.00 price target.

Ari Klein has given his Hold rating due to a combination of factors, including solid first-quarter performance but limited visibility on sustained outperformance. Park Hotels & Resorts exceeded expectations on RevPAR growth and posted better-than-forecast EBITDA and FFO, yet management only modestly raised full-year guidance because of geopolitical uncertainty tied to the Iran War fallout.

At the same time, the company’s strategy to streamline into a core hotel portfolio is moving more slowly than initially hoped, with only one asset sold since the last update and the full disposition plan unlikely to be finished by year-end. While 2026 outlook metrics such as RevPAR, EBITDA, and adjusted FFO have been nudged higher, these remain broadly in line with BMO’s and the Street’s estimates, and the unchanged $11 price target reflects a view that the shares are fairly valued relative to the risk and return profile.

According to TipRanks, Klein is a 4-star analyst with an average return of 6.1% and a 57.26% success rate. Klein covers the Real Estate sector, focusing on stocks such as Equinix, Digital Realty, and SBA Communications.

In another report released on April 22, Wells Fargo also assigned a Hold rating to the stock with a $10.00 price target.