Maxim Group analyst Allen Klee reiterated a Buy rating on LuxUrban Hotels (LUXH – Research Report) yesterday and set a price target of $10.00. The company’s shares closed yesterday at $3.00.
Klee covers the Technology sector, focusing on stocks such as CareCloud, Zedge, and Auddia. According to TipRanks, Klee has an average return of -20.1% and a 23.53% success rate on recommended stocks.
Currently, the analyst consensus on LuxUrban Hotels is a Strong Buy with an average price target of $7.33.
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LUXH market cap is currently $103.6M and has a P/E ratio of -6.11.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LUXH in relation to earlier this year.
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CorpHousing Group Inc is a national, short-term apartment rental operator that assembles and manages proprietary Class A multi-family real estate in the United States, with a focus on high-density, urban cores.
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