Diamondrock Hospitality Company – Consensus Indicates Potential 26.0% Upside

Broker Ratings
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Diamondrock Hospitality Company with ticker code (DRH) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 9 with a mean TP of 10.6. Now with the previous closing price of 8.41 this would imply there is a potential upside of 26.0%. The day 50 moving average is 9.27 and the 200 day MA is 9.53. The market capitalisation for the company is $1,799m. You can visit the company’s website by visiting: https://www.drhc.com

The potential market cap would be $2,267m 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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