RLJ Lodging Trust found using ticker (RLJ) have now 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 21 and 15 with a mean TP of 17.5. With the stocks previous close at 12.49 this now indicates there is a potential upside of 40.1%. The 50 day moving average now sits at 12.06 and the 200 moving average now moves to 13.41. The company has a market capitalisation of $2,087m. Company Website: https://www.rljlodgingtrust.com
The potential market cap would be $2,924m 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.
