Summit Hotel Properties found using ticker (INN) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 12.5 and 11 calculating the mean target price we have 11.75. Given that the stocks previous close was at 10.46 this indicates there is a potential upside of 12.3%. The 50 day moving average now sits at 10.42 and the 200 moving average now moves to 8.35. The market capitalisation for the company is $1,093m. Find out more information at: http://www.shpreit.com
Summit Hotel Properties is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company’s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
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