Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Stock Has Average Target Price of $54.75 According to Analysts

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) have been given a consensus rating of “Buy” by the seven analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $54.75.

A number of brokerages have issued reports on PRSU. Citizens Jmp assumed coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They issued a “market outperform” rating and a $64.00 target price on the stock. Weiss Ratings cut Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Citigroup assumed coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They set an “outperform” rating for the company. Zacks Research upgraded Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Finally, Jefferies Financial Group initiated coverage on shares of Pursuit Attractions and Hospitality in a research report on Wednesday, September 9th. They set a “buy” rating and a $61.00 target price on the stock.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

A number of large investors have recently added to or reduced their stakes in PRSU. Farther Finance Advisors LLC raised its position in Pursuit Attractions and Hospitality by 1,501.0% during the third quarter. Farther Finance Advisors LLC now owns 1,665 shares of the company’s stock worth $83,000 after acquiring an additional 1,561 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at about $1,434,000. Squarepoint Ops LLC acquired a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $4,396,000. Amundi acquired a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $363,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $806,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Pursuit Attractions and Hospitality Trading Up 1.6%

Shares of Pursuit Attractions and Hospitality stock opened at $52.95 on Friday. The firm has a 50-day simple moving average of $49.04 and a two-hundred day simple moving average of $46.96. Pursuit Attractions and Hospitality has a fifty-two week low of $32.03 and a fifty-two week high of $56.51. The company has a market cap of $1.44 billion, a P/E ratio of 39.81, a price-to-earnings-growth ratio of 1.97 and a beta of 1.43. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.61.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. The firm had revenue of $133.49 million during the quarter. As a group, equities analysts predict that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current fiscal year.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc operates a portfolio of experiential travel businesses in North America. The company combines destination attractions, guided tours, lodging, and related hospitality services in scenic gateway destinations.

Its offerings include sightseeing and adventure experiences such as mountain gondolas, glacier excursions, scenic tours, wildlife and marine tours, and other destination-based activities. Pursuit also operates hotels, lodges, campgrounds, restaurants, retail outlets, and transportation services designed to support travelers visiting national parks and other prominent natural attractions.

The company serves visitors in destinations across Canada and the United States, including the Canadian Rockies, Alaska, and Montana’s Glacier National Park region.