RLJ Lodging Trust found using ticker (RLJ) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 22 and 15 calculating the average target price we see 18.18. With the stocks previous close at 11.03 this would imply there is a potential upside of 64.8%. The day 50 moving average is 12.86 while the 200 day moving average is 13.77. The company has a market capitalisation of $1,854m. Company Website: https://www.rljlodgingtrust.com
The potential market cap would be $3,056m 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.
