Analysts have been eager to weigh in on the Financial sector with new ratings on Ashford Hospitality (AHT – Research Report) and Independence Realty (IRT – Research Report).
Ashford Hospitality (AHT)
In a report issued on November 1, Michael Bellisario from Robert W. Baird maintained a Hold rating on Ashford Hospitality, with a price target of $8.00. The company’s shares closed last Thursday at $6.19, close to its 52-week low of $4.61.
According to TipRanks.com, Bellisario is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ashford Hospitality with a $16.00 average price target.
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Independence Realty (IRT)
In a report issued on November 1, Wes Golladay from Robert W. Baird maintained a Buy rating on Independence Realty, with a price target of $22.00. The company’s shares closed last Thursday at $16.26, close to its 52-week low of $15.04.
According to TipRanks.com, Golladay is a 4-star analyst with an average return of
Currently, the analyst consensus on Independence Realty is a Strong Buy with an average price target of $22.40, representing a 41.0% upside. In a report issued on October 19, Jefferies also initiated coverage with a Buy rating on the stock with a $20.00 price target.
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