LuxUrban Hotels (LUXH – Research Report) received a Buy rating and a $7.00 price target from JonesTrading analyst Matthew Erdner on July 31. The company’s shares closed yesterday at $2.97.
Currently, the analyst consensus on LuxUrban Hotels is a Strong Buy with an average price target of $7.33, representing a 146.80% upside. In a report released on August 1, Maxim Group also reiterated a Buy rating on the stock with a $10.00 price target.
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The company has a one-year high of $5.00 and a one-year low of $1.24. Currently, LuxUrban Hotels has an average volume of 87.57K.
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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