Robert W. Baird analyst Michael Bellisario maintained a Hold rating on Ashford Hospitality (AHT – Research Report) on August 2 and set a price target of $4.00. The company’s shares closed yesterday at $3.53.
According to TipRanks, Bellisario is a 4-star analyst with an average return of 4.9% and a 47.64% success rate. Bellisario covers the Real Estate sector, focusing on stocks such as Host Hotels & Resorts, Pebblebrook Hotel, and Wyndham Hotels & Resorts.
Ashford Hospitality has an analyst consensus of Hold, with a price target consensus of $4.00.
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The company has a one-year high of $12.09 and a one-year low of $2.61. Currently, Ashford Hospitality has an average volume of 609.5K.
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Ashford Hospitality Trust, Inc. is a real estate investment trust, which invests in the hospitality industry. It invests in lodging-related assets; direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition; sale-leaseback transactions; and other hospitality transactions. The company was founded by Montgomery Jack Bennett in May 2003 and is headquartered in Dallas, TX.
Read More on AHT:
- ASHFORD TRUST REPORTS SECOND QUARTER 2023 RESULTS
- AHT Earnings this Week: How Will it Perform?
- ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2023 RESULTS
- Ashford Hospitality sees Q2 comparable RevPAR up 7% from last year
- ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2023
