Diamondrock Hospitality Company found using ticker (DRH) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 12 and 8 calculating the mean target price we have 10.29. Now with the previous closing price of 9.72 this now indicates there is a potential upside of 5.9%. The 50 day moving average now sits at 9.51 and the 200 day MA is 9.4. The company has a market capitalisation of $2,019m. Visit the company website at: https://www.drhc.com
The potential market cap would be $2,137m 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.
