Hersha Hospitality Trust found using ticker (HT) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18 and 9 calculating the average target price we see 12.05. With the stocks previous close at 10.44 this would indicate that there is a potential upside of 15.4%. The day 50 moving average is 10.19 while the 200 day moving average is 9.66. The company has a market cap of $444m. Company Website: https://www.hersha.com
The potential market cap would be $512m 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.
