UPDATE: Citigroup Lowers PT on Ryman Hospitality Properties Following Model Update


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


In a report published Wednesday, Citigroup analyst Michael Bilerman reiterated a Neutral rating on Ryman Hospitality Properties (NYSE: RHP), but lowered the price target from $36.00 to $35.00.

In the report, Citigroup noted, “We have updated our model to reflect actual 2Q earnings. We have revised our FFO estimates for 2013, 2014 and 2015 from $3.56, $2.84 and $3.64 to $3.30, $2.66 and $3.72, respectively, mainly on account of reduced REVPAR assumptions. In addition, we lower our target price to $35 from $36 previously. This assumes that RHP shares can trade at close to 13x (up from close to 11.5x previously) our 2014 EBITDA estimate, one year from now.”

Ryman Hospitality Properties closed on Tuesday at $34.78.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsCitigroupMichael Bilerman