Diamondrock Hospitality Company – Consensus Indicates Potential 8.4% Upside

Broker Ratings
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Diamondrock Hospitality Company found using ticker (DRH) now have 11 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 calculating the average target price we see 10.41. Now with the previous closing price of 9.6 this indicates there is a potential upside of 8.4%. The 50 day moving average now sits at 8.75 while the 200 day moving average is 9.03. The company has a market cap of $1,978m. Company Website: https://www.drhc.com

The potential market cap would be $2,145m 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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