Summit Hotel Properties found using ticker (INN) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 11 with a mean TP of 12.17. Now with the previous closing price of 7.12 this would indicate that there is a potential upside of 70.9%. The day 50 moving average is 8.93 and the 200 day MA is 9.52. The market cap for the company is $739m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,263m 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.
