Diamondrock Hospitality Company – Consensus Indicates Potential 25.7% Upside

Broker Ratings
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Diamondrock Hospitality Company with ticker code (DRH) now have 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 11 and 9 with the average target price sitting at 10.36. Given that the stocks previous close was at 8.24 this would imply there is a potential upside of 25.7%. The day 50 moving average is 8.89 while the 200 day moving average is 8.87. The market capitalisation for the company is $1,720m. Visit the company website at: https://www.drhc.com

The potential market cap would be $2,162m 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.

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