Hersha Hospitality Trust with ticker code (HT) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 12 and 9 calculating the mean target price we have 10.38. Now with the previous closing price of 7.8 this would imply there is a potential upside of 33.1%. The 50 day moving average now sits at 8.72 while the 200 day moving average is 9.44. The market cap for the company is $326m. Visit the company website at: https://www.hersha.com
The potential market cap would be $433m 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.