The price of PK is predicted to go up -41.93%, based on the high correlation periods with SHPH. The similarity of these two price pattern on the periods is 96.84%.
PK
SHPH
Potentially accelerating economic growth may prolong a robust hotel cycle and benefit Park's portfolio and performance.
Low leverage gives Park greater financial flexibility to be opportunistic with new investments or return more capital to shareholders through dividend growth or share buybacks.
Park's management identified several enhancement initiatives that it can execute to drive EBITDA higher on the newly acquired Chesapeake portfolio.
Jefferies
Price Target
$23 → $22
Upside
+59.65%
Wells Fargo
Price Target
$15 → $16
Upside
+4.17%
UBS
Price Target
$14 → $15
Upside
+5.04%