Diamondrock Hospitality Company with ticker code (DRH) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 11 and 9 with the average target price sitting at 10.36. Given that the stocks previous close was at 8.8 this now indicates there is a potential upside of 17.7%. The 50 day MA is 8.85 and the 200 day moving average is 8.9. The market capitalisation for the company is $1,844m. Company Website: https://www.drhc.com
The potential market cap would be $2,171m based on the market concensus.
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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.