Xenia Hotels & Resorts found using ticker (XHR) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 18 and has a mean target at 21.25. Now with the previous closing price of 17.02 this indicates there is a potential upside of 24.9%. There is a 50 day moving average of 17.35 and the 200 day moving average is 18.02. The company has a market capitalisation of $2,009m. Company Website: https://www.xeniareit.com
The potential market cap would be $2,509m based on the market concensus.
Xenia Hotels & Resorts is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 37 hotels comprising 10,749 rooms across 16 states. Xenia’s hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality.
