Hersha Hospitality Trust found using ticker (HT) have now 11 analysts in total covering the stock. The consensus rating is ‘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 11.93 this indicates there is a potential upside of 3.3%. The 50 day MA is 9.96 and the 200 moving average now moves to 9.5. The market capitalisation for the company is $494m. You can visit the company’s website by visiting: https://www.hersha.com
The potential market cap would be $510m 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.