RLJ Lodging Trust with ticker code (RLJ) now have 10 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 21 and 15 with a mean TP of 18.6. Given that the stocks previous close was at 15.22 this is indicating there is a potential upside of 22.2%. The day 50 moving average is 14.01 and the 200 day moving average is 14.47. The market capitalisation for the company is $2,475m. Company Website: https://www.rljlodgingtrust.com
The potential market cap would be $3,025m based on the market concensus.
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company’s portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
