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Truist Financial Sticks to Its Buy Rating for Playa Hotels & Resorts (PLYA)

Truist Financial analyst Patrick Scholes maintained a Buy rating on Playa Hotels & Resorts (PLYAResearch Report) today. The company’s shares closed yesterday at $7.76.

Scholes covers the Consumer Cyclical sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Royal Caribbean, and Choice Hotels. According to TipRanks, Scholes has an average return of 7.1% and a 53.38% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Playa Hotels & Resorts with a $10.33 average price target.

The company has a one-year high of $9.85 and a one-year low of $6.88. Currently, Playa Hotels & Resorts has an average volume of 795.4K.

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Playa Hotels & Resorts (PLYA) Company Description:

Playa Hotels & Resorts NV engages in the ownership, operation, and development of all-inclusive resorts in beachfront location destinations in Mexico and the Caribbean. It operates through the following geographical segments: Yucatán Peninsula, Pacific Coast, and Caribbean Basin. The company was founded on March 28, 2013 and is headquartered in Amsterdam, the Netherlands.

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