Hersha Hospitality Trust with ticker code (HT) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 12 and 7 and has a mean target at $10.07. Now with the previous closing price of $6.41 this indicates there is a potential upside of 57.1%. The 50 day moving average now sits at $7.68 and the 200 moving average now moves to $8.95. The total market capitalization for the company now stands at $263m. You can visit the company’s website by visiting: https://www.hersha.com
The potential market cap would be $413m based on the market consensus.
Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company’s 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company’s common shares are traded on The New York Stock Exchange under the ticker HT.
The company has a dividend yield of 3.12% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 2.14, revenue per share of 10.31 and a 1.59% return on assets.
