RLJ Lodging Trust found using ticker (RLJ) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 15 with the average target price sitting at 18.7. Now with the previous closing price of 12.83 this now indicates there is a potential upside of 45.8%. The day 50 moving average is 13.97 and the 200 moving average now moves to 14.17. The market capitalisation for the company is $2,095m. Company Website: https://www.rljlodgingtrust.com
The potential market cap would be $3,054m 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.
