GreenTree Hospitality Group Ltd with ticker code (GHG) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 9.07 and 4.83 calculating the average target price we see 6.58. Now with the previous closing price of 3.58 this would imply there is a potential upside of 83.8%. The 50 day moving average now sits at 4.07 and the 200 moving average now moves to 5.01. The market cap for the company is $362m. Visit the company website at: https://www.998.com
The potential market cap would be $665m 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
