Braemar Hotels & Resorts Inc. with ticker code (BHR) now have 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 15 and 5 with the average target price sitting at $8.75. Given that the stocks previous close was at $3.78 this is indicating there is a potential upside of 131.5%. It’s also worth noting that there is a 50 day moving average of $4.29 and the 200 moving average now moves to $4.57. The company has a market capitalization of $321m. 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).
