Hersha Hospitality Trust found using ticker (HT) have now 11 analysts covering the stock. The analyst consensus points to 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. Given that the stocks previous close was at 9.88 this indicates there is a potential upside of 24.7%. There is a 50 day moving average of 10.25 and the 200 day MA is 9.55. The company has a market capitalisation of $400m. You can visit the company’s website by visiting: https://www.hersha.com
The potential market cap would be $498m 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.
