Hersha Hospitality Trust – Consensus Indicates Potential 27.3% Upside

Broker Ratings
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Hersha Hospitality Trust found using ticker (HT) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 18 and 9 calculating the average target price we see 11.33. Given that the stocks previous close was at 8.9 this would imply there is a potential upside of 27.3%. There is a 50 day moving average of 9.16 and the 200 day moving average is 9.43. The market capitalisation for the company is $356m. Visit the company website at: https://www.hersha.com

The potential market cap would be $453m 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.”

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