RLJ Lodging Trust with ticker code (RLJ) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 15 calculating the mean target price we have 17.91. Now with the previous closing price of 11.26 this would imply there is a potential upside of 59.1%. The 50 day MA is 12.61 and the 200 day MA is 13.7. The market cap for the company is $1,881m. You can visit the company’s website by visiting: https://www.rljlodgingtrust.com
The potential market cap would be $2,991m 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.
