Summit Hotel Properties. with ticker code (INN) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 11 and 8 with a mean TP of 9.3. With the stocks previous close at 7.91 this would indicate that there is a potential upside of 17.6%. There is a 50 day moving average of 7.81 while the 200 day moving average is 8.06. The company has a market capitalisation of $873m. Find out more information at: https://www.shpreit.com
The potential market cap would be $1,027m 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.
