Hersha Hospitality Trust with ticker code (HT) now have 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 18 and 9 calculating the average target price we see 11.07. With the stocks previous close at 8.36 this would imply there is a potential upside of 32.4%. The 50 day moving average now sits at 8.85 and the 200 moving average now moves to 9.51. The market cap for the company is $351m. Visit the company website at: https://www.hersha.com
The potential market cap would be $465m based on the market concensus.
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Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company’s 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company’s common shares are traded on The New York Stock Exchange under the ticker HT.