Braemar Hotels & Resorts Inc. – Consensus ‘Buy’ rating and 130.9% Upside Potential

Broker Ratings
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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 target price High/Low ranges between 15 and 5 calculating the average target price we see $8.75. Now with the previous closing price of $3.79 this would indicate that there is a potential upside of 130.9%. It’s also worth noting that there is a 50 day moving average of $4.26 and the 200 day moving average is $4.56. The market cap for the company is $322m. You can visit the company’s website by visiting: https://www.bhrreit.com

The potential market cap would be $743m 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 5.29% with the ex dividend date set at 29-6-2023 (DMY).

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