Diamondrock Hospitality Company – Consensus Indicates Potential 5.0% Upside

Broker Ratings
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Diamondrock Hospitality Company with ticker code (DRH) have now 13 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 12 and 8 with a mean TP of 10.35. Now with the previous closing price of 9.86 this would imply there is a potential upside of 5.0%. The 50 day MA is 9.5 and the 200 day moving average is 9.47. The company has a market capitalisation of $2,096m. Company Website: https://www.drhc.com

The potential market cap would be $2,200m 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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