Sunstone Hotel Investors with ticker code (SHO) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 15 and 10.5 with a mean TP of 12.88. With the stocks previous close at 11.71 this would imply there is a potential upside of 10.0%. The 50 day moving average now sits at 11.42 and the 200 day MA is 11.96. The company has a market cap of $2,516m. Company Website: https://www.sunstonehotels.com
The potential market cap would be $2,767m based on the market concensus.
Sunstone Hotel Investors is a lodging real estate investment trust (“REIT”) that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone’s business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.
