Diamondrock Hospitality Company found using ticker (DRH) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 9.5 and 4.5 with a mean TP of 6.92. Now with the previous closing price of 7.82 this would imply there is a potential downside of -11.5%. The day 50 moving average is 6.1 and the 200 day moving average is 5.62. The company has a market capitalisation of $1,596m. Company Website: http://www.drhc.com
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.
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