Sunstone Hotel Investors with ticker code (SHO) have now 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 13 and 11 calculating the average target price we see 12.2. Now with the previous closing price of 10.01 this would imply there is a potential upside of 21.9%. The 50 day moving average now sits at 11.13 and the 200 moving average now moves to 11.25. The market capitalisation for the company is $2,081m. Company Website: https://www.sunstonehotels.com
The potential market cap would be $2,536m 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.
