Before you dig into the report on PLYA, it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
TipRanks.com reports that Playa Hotels & Resorts currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $13 . The target pricing ranges from a high forecast of $15 down to a low forecast of $11. Playa Hotels & Resorts (PLYA)’s last closing price was $8.64 which would put the average price target at 50.46% upside.
In addition, TradingView issued a Buy rating for PLYA over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook.
We at delrayresearch.com are considering adding Playa Hotels & Resorts to our watchlist based on this activity. Click here to join thousands of investors who have already signed up for a free subscription to consumer staples stocks newsletter PoliticsAndMyPortfolio.com.
If you would like to read the full article and a list of the latest insider activity for PLYA, click here.
This information was sourced consumerstockmovers.com which uses various 3rd party public sources to obtain their information but to get the best insight into insider activity related to PLYA, you should consider joining TipRanks.com as a premium member which gives you access to all buy ratings, price targets and insider trading signals. Remember, securities are volatile, so please do your own research on PLYA.
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