Summit Hotel Properties with ticker code (INN) have now 6 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 14 and 10 with the average target price sitting at 11.67. With the stocks previous close at 8.96 this would indicate that there is a potential upside of 30.2%. There is a 50 day moving average of 7.79 and the 200 moving average now moves to 9.12. The company has a market cap of $944m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,229m 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.
