Summit Hotel Properties with ticker code (INN) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 14 and 10 with a mean TP of 11.67. With the stocks previous close at 8.11 this now indicates there is a potential upside of 43.9%. The day 50 moving average is 7.86 and the 200 day MA is 9.03. The company has a market capitalisation of $840m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,209m 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.
