Summit Hotel Properties found using ticker (INN) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 14 and 11 calculating the mean target price we have 12.17. With the stocks previous close at 9.77 this now indicates there is a potential upside of 24.6%. The 50 day moving average now sits at 9.82 and the 200 day moving average is 9.56. The company has a market capitalisation of $1,037m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,291m based on the market concensus.
Summit Hotel Properties is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company’s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
