Diamondrock Hospitality Company with ticker code (DRH) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 12 and 9 with a mean TP of 10.61. With the stocks previous close at 9.09 this would indicate that there is a potential upside of 16.7%. There is a 50 day moving average of 8.77 while the 200 day moving average is 9.21. The company has a market capitalisation of $1,948m. Company Website: https://www.drhc.com
The potential market cap would be $2,274m 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.
