Hersha Hospitality Trust with ticker code (HT) have now 11 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 and has a mean target at 11.18. With the stocks previous close at 8.61 this indicates there is a potential upside of 29.8%. There is a 50 day moving average of 9.14 and the 200 day moving average is 9.58. The company has a market cap of $358m. Visit the company website at: https://www.hersha.com
The potential market cap would be $465m 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.