Diamondrock Hospitality Company – Consensus Indicates Potential 31.3% Upside

Broker Ratings
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Diamondrock Hospitality Company with ticker code (DRH) have now 12 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 11.17. Now with the previous closing price of 8.51 this now indicates there is a potential upside of 31.3%. There is a 50 day moving average of 9.98 while the 200 day moving average is 9.61. The company has a market capitalisation of $1,773m. Find out more information at: https://www.drhc.com

The potential market cap would be $2,328m 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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