Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Price Expected to Rise, Oppenheimer Analyst Says

Pursuit Attractions and Hospitality (NYSE:PRSU) had its target price upped by equities research analysts at Oppenheimer from $58.00 to $65.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer‘s price target would suggest a potential upside of 19.17% from the stock’s previous close.

PRSU has been the topic of a number of other reports. Citigroup began coverage on shares of Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They set an “outperform” rating on the stock. Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. Citizens Jmp started coverage on shares of Pursuit Attractions and Hospitality in a report on Friday, September 25th. They issued a “market outperform” rating and a $64.00 price target for the company. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, Jefferies Financial Group started coverage on Pursuit Attractions and Hospitality in a report on Wednesday, September 9th. They set a “buy” rating and a $61.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $58.50.

Pursuit Attractions and Hospitality Price Performance

NYSE:PRSU traded up $0.50 during trading hours on Thursday, reaching $54.54. The company had a trading volume of 332,274 shares, compared to its average volume of 302,591. The stock has a 50-day moving average of $51.68 and a two-hundred day moving average of $45.48. Pursuit Attractions and Hospitality has a one year low of $32.03 and a one year high of $58.62. The firm has a market capitalization of $1.49 billion, a PE ratio of 32.47, a PEG ratio of 2.09 and a beta of 1.46. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, November 4th. The company reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.02. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. The business had revenue of $251.53 million during the quarter. Analysts forecast that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its position in shares of Pursuit Attractions and Hospitality by 6.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 14,423 shares of the company’s stock worth $528,000 after purchasing an additional 859 shares during the last quarter. Fortitude Family Office LLC bought a new stake in Pursuit Attractions and Hospitality in the third quarter valued at about $55,000. Farther Finance Advisors LLC increased its holdings in Pursuit Attractions and Hospitality by 1,501.0% in the third quarter. Farther Finance Advisors LLC now owns 1,665 shares of the company’s stock valued at $83,000 after purchasing an additional 1,561 shares during the last quarter. Bridge City Capital LLC increased its holdings in Pursuit Attractions and Hospitality by 40.2% in the third quarter. Bridge City Capital LLC now owns 6,065 shares of the company’s stock valued at $302,000 after purchasing an additional 1,740 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Pursuit Attractions and Hospitality by 2.0% in the first quarter. Principal Financial Group Inc. now owns 104,477 shares of the company’s stock valued at $3,827,000 after buying an additional 2,018 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.