Hersha Hospitality Trust with ticker code (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 calculating the mean target price we have 12.23. Now with the previous closing price of 11.82 this is indicating there is a potential upside of 3.5%. The 50 day MA is 10.2 and the 200 moving average now moves to 9.73. The company has a market cap of $479m. Company Website: https://www.hersha.com
The potential market cap would be $496m 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.
