GreenTree Hospitality Group Ltd with ticker code (GHG) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 15.02 and 5.01 calculating the average target price we see 8.48. Now with the previous closing price of 3.86 this is indicating there is a potential upside of 119.7%. The 50 day MA is 3.95 and the 200 day MA is 6.14. The company has a market capitalisation of $404m. Company Website: https://www.998.com
The potential market cap would be $887m based on the market concensus.
GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People’s Republic of China. As of December 31, 2021, it operated 66 leased-and-operated hotels with 7,064 rooms; and had franchised-and-managed hotels network consisting of 4,593 hotels with 330,089 rooms covering 367 cities in China, and an additional 1,225 hotels with 91,887 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People’s Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group
