Sunstone Hotel Investors with ticker code (SHO) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12.5 and 6 with the average target price sitting at 9.45. Now with the previous closing price of 7.51 this would imply there is a potential upside of 25.8%. The 50 day moving average now sits at 7.98 and the 200 day MA is 9.53. The market capitalisation for the company is $1,613m. Visit the company website at: http://www.sunstonehotels.com
Sunstone Hotel Investors is a lodging real estate investment trust (“REIT”) that as of the date of this release has interests in 20 hotels comprised of 10,610 rooms. Sunstone’s business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real EstateÂ®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.