Diamondrock Hospitality Company with ticker code (DRH) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 9 with the average target price sitting at 10.5. With the stocks previous close at 9.28 this indicates there is a potential upside of 13.1%. There is a 50 day moving average of 9.08 and the 200 day moving average is 9.52. The market capitalisation for the company is $1,964m. Find out more information at: https://www.drhc.com
The potential market cap would be $2,222m based on the market concensus.
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.