In a report released today, Alex Fuhrman from Craig-Hallum maintained a Buy rating on LuxUrban Hotels (LUXH – Research Report). The company’s shares closed yesterday at $3.00.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as The Lovesac Company, Lindblad Expeditions Holdings, and Aterian. According to TipRanks, Fuhrman has an average return of -7.4% and a 35.21% success rate on recommended stocks.
Currently, the analyst consensus on LuxUrban Hotels is a Strong Buy with an average price target of $7.33, representing a 144.33% upside. In a report released on August 1, Maxim Group also reiterated a Buy rating on the stock with a $10.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
LUXH market cap is currently $105.3M 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on LUXH:
