Host Hotels & Resorts (HST – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Ari Klein from BMO Capital maintained a Buy rating on the stock and has a $21.00 price target.
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Ari Klein has given his Buy rating due to a combination of factors that suggest potential growth despite some challenges. Host Hotels & Resorts reported fourth-quarter EBITDA that exceeded expectations, showing resilience in its operational performance. However, the company’s outlook for 2025 fell short of consensus estimates, primarily due to higher than anticipated expenses related to new union contracts impacting wage growth.
A key factor in Ari Klein’s positive outlook is Host Hotels & Resorts’ strong balance sheet, which remains a significant differentiator with a leverage ratio of 2.7x. Additionally, the company’s guidance for Revenue Per Available Room (RevPAR) implies cautious growth, but with a potential upswing following the first quarter. This, combined with the company’s strategic management of its assets, supports the Buy rating despite the anticipated challenges in maintaining margins.
In another report released on February 18, Raymond James also maintained a Buy rating on the stock with a $20.00 price target.