Morgan Stanley raises target for Park Hotels & Resorts stock to USD 13.00
Published on 10/20/2026 at 21:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley raised its Park Hotels & Resorts target from USD 11.00 to USD 13.00 on October 12, 2026.
- Second-quarter revenue reached USD 680.00 million, up 1.20 percent year over year.
- Park Hotels & Resorts stock costs EUR 14.75 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST.
- Third-quarter results are scheduled for November 4, 2026.
Morgan Stanley raised its Park Hotels & Resorts target from USD 11.00 to USD 13.00 in a report dated October 12, 2026, according to Investing.com. The target remains below the latest US market quote, while the euro quotation stood at EUR 14.75 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST.
Revenue growth was modest
Park Hotels & Resorts reported USD 680.00 million in second-quarter 2026 revenue, up 1.20 percent from the same quarter a year earlier. MarketBeat reported adjusted earnings per share of USD 0.24, matching consensus, and said the company set fiscal 2026 guidance at USD 1.90 to USD 2.00 per share.
Stock sits near its yearly high
Park Hotels & Resorts traded at USD 16.59 on the NYSE on October 20, 2026 at 3:45 p.m. ET. Its USD 9.84 to USD 16.61 52-week range places the latest US quote 0.12 percent below the high, while market capitalization stood at USD 3.3 billion and volume reached 2,755,842 shares.
What dates matter next?
The company plans to release third-quarter 2026 results after the US market close on November 4, 2026, followed by an earnings call on November 5, 2026. Park Hotels & Resorts listed 29 premium-branded hotels and resorts and 21,000 rooms on its investor-relations page, with 90 percent of rooms in luxury and upper-upscale segments. The company also said on September 30, 2026 that it had repaid a USD 1.275 billion loan secured by the Hilton Hawaiian Village Resort, according to Business Wire.
Park Hotels valuation in context
Park Hotels & Resorts carried a trailing P/E ratio of minus 20.24, compared with 16.95 for Host Hotels & Resorts and 31.70 for Ryman Hospitality Properties. Their market capitalizations were USD 3.3 billion, USD 17.1 billion and USD 8.9 billion, respectively, based on October 20, 2026 market figures.
Analyst target leaves a clear gap
The USD 13.00 Morgan Stanley target lies 21.63 percent below the latest USD 16.59 NYSE quote. That gap puts the October 12 target below the market level even as the firm moved it up from USD 11.00.
Price and upcoming dates
Park Hotels & Resorts stock was trading at EUR 14.75 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST. The next scheduled company event is the third-quarter results release on November 4, 2026. The further course of trading is shown by the continuously updated real-time quote of Park Hotels & Resorts stock.
Park Hotels & Resorts market facts
- Company: Park Hotels & Resorts Inc.
- ISIN: US7005171050
- Ticker: PK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:39 p.m. CEST): EUR 14.75
- Market capitalization: USD 3.3 billion (as of October 20, 2026)
- 52-week range: USD 9.84-16.61 (as of October 20, 2026)
- Sector / Industry: Real Estate / REIT - Hotel and Motel
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
