Hersha Hospitality Trust found using ticker (HT) now have 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 12.18. Now with the previous closing price of 8.07 this would indicate that there is a potential upside of 50.9%. The 50 day moving average now sits at 10.14 while the 200 day moving average is 9.71. The company has a market cap of $342m. Company Website: https://www.hersha.com
The potential market cap would be $516m 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.
