Hersha Hospitality Trust found using ticker (HT) have now 11 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 18 and 9 and has a mean target at 12.32. With the stocks previous close at 10.9 this now indicates there is a potential upside of 13.0%. The 50 day MA is 10.16 and the 200 moving average now moves to 9.75. The company has a market capitalisation of $455m. Company Website: https://www.hersha.com
The potential market cap would be $514m based on the market concensus.
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.
