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BidaskClub upgraded Apple Hospitality REIT Inc (NYSE:APLE) to Hold in a report released today.

BidaskClub has upgraded Apple Hospitality REIT Inc (NYSE:APLE) to Hold in a report released on 6/17/2017.

Yesterday Apple Hospitality REIT Inc (NYSE:APLE) traded -0.08% lower at $19.37. The company’s 50-day moving average is $18.17 and its 200-day moving average is $18.68. The last stock close price is up -0.28% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 400,730 shares of the stock were exchanged, down from an average trading volume of 984,809

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Apple Hospitality REIT Inc (NYSE:APLE)

Apple Hospitality REIT Inc has a 52 week low of $17.32 and a 52 week high of $20.68 with a P/E ratio of 22.60 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $19.20 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

Brief Synopsis On Apple Hospitality REIT Inc (NYSE:APLE)

Apple Hospitality REIT, Inc. is a hospitality real estate investment trust. The Company invests in real estate, primarily in the lodging sector, in the United States. As of September 13, 2017, the Company owned 237 hotels, with more than 30,000 guestrooms, diversified across the Hilton and Marriott families of brands with locations in urban, high-end suburban and developing markets across 33 states. As of December 31, 2016, the Company's hotels included various brands, such as Hilton Garden Inn, Courtyard, Homewood Suites, Residence Inn, SpringHill Suites, TownePlace Suites, Fairfield Inn, Home2 Suites, Marriott, Embassy Suites, Hilton and Renaissance. As of December 31, 2016, the Company's hotels were located in various states of the United States, such as Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Utah and Virginia.

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