Hersha Hospitality Trust – Consensus Indicates Potential 24.3% Upside

Hersha Hospitality Trust with ticker code (HT) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 21 and 9 with the average target price sitting at 11.4. Now with the previous closing price of 9.17 this would indicate that there is a potential upside of 24.3%. The 50 day MA is 9.22 and the 200 day moving average is 9.87. The market cap for the company is $352m. You can visit the company’s website by visiting: https://www.hersha.com

The potential market cap would be $437m 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.”