Summit Hotel Properties with ticker code (INN) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 14 and 10 calculating the mean target price we have 11.67. With the stocks previous close at 8.26 this indicates there is a potential upside of 41.3%. The 50 day moving average now sits at 7.8 and the 200 moving average now moves to 9.15. The company has a market cap of $905m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,279m 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.
