Diamondrock Hospitality Company with ticker code (DRH) have now 11 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 a mean TP of 11.09. Given that the stocks previous close was at 8.21 this would indicate that there is a potential upside of 35.1%. The 50 day moving average now sits at 9.72 and the 200 day MA is 9.58. The market capitalisation for the company is $1,735m. Company Website: https://www.drhc.com
The potential market cap would be $2,344m 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.
