Hersha Hospitality Trust with ticker code (HT) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18 and 9 calculating the average target price we see 12.05. Now with the previous closing price of 10.1 this would imply there is a potential upside of 19.3%. The day 50 moving average is 10.18 and the 200 moving average now moves to 9.62. The company has a market capitalisation of $442m. Company Website: https://www.hersha.com
The potential market cap would be $527m 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.
