RLJ Lodging Trust with ticker code (RLJ) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 15 and has a mean target at 18.7. Now with the previous closing price of 14.18 this now indicates there is a potential upside of 31.9%. The 50 day MA is 14.08 while the 200 day moving average is 14.32. The market capitalisation for the company is $2,411m. Visit the company website at: https://www.rljlodgingtrust.com
The potential market cap would be $3,179m based on the market concensus.
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RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company’s portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.