RLJ Lodging Trust with ticker code (RLJ) now have 9 confirmed 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 18 and 12 calculating the mean target price we have $14.67. Given that the stocks previous close was at $9.72 this would indicate that there is a potential upside of 50.9%. The 50 day MA is $11.45 and the 200 moving average now moves to $11.59. The market cap for the company is $1,555m. You can visit the company’s website by visiting: https://www.rljlodgingtrust.com
The potential market cap would be $2,347m based on the market consensus.
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.
The company has a dividend yield of 3.15% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 105.78, revenue per share of 7.37 and a 1.5% return on assets.
