Braemar Hotels & Resorts Inc. which can be found using ticker (BHR) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 15 and 5 and has a mean target at $8.75. Now with the previous closing price of $3.81 this would indicate that there is a potential upside of 129.7%. Also worth taking note is the 50 day moving average now sits at $4.44 and the 200 moving average now moves to $4.58. The total market capitalization for the company now stands at $319m. You can visit the company’s website by visiting: https://www.bhrreit.com
The potential market cap would be $733m based on the market consensus.
Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
The company has a dividend yield of 5.25% with the ex dividend date set at 29-6-2023 (DMY).