Braemar Hotels & Resorts found using ticker (BHR) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 6 with a mean TP of 10.75. Given that the stocks previous close was at 6.04 this now indicates there is a potential upside of 78.0%. There is a 50 day moving average of 5.61 and the 200 moving average now moves to 5.34. The market capitalisation for the company is $377m. Company Website: https://www.bhrreit.com
The potential market cap would be $670m based on the market concensus.
Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.