RLJ Lodging Trust with ticker code (RLJ) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 15 with a mean TP of 18.7. With the stocks previous close at 13.63 this now indicates there is a potential upside of 37.2%. The 50 day MA is 14.2 and the 200 day moving average is 14.42. The market capitalisation for the company is $2,204m. Company Website: https://www.rljlodgingtrust.com
The potential market cap would be $3,024m 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.
