Hospitality Properties Trust (NYSE:HPT) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Boasting a price of $29.72, Hospitality Properties Trust (NYSE:HPT) traded -0.94% lower on the day. With the last stock price close up 0.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Hospitality Properties Trust has recorded a 50-day average of $29.55 and a two hundred day average of $28.38. Volume of trade was down over the average, with 511,859 shares of HPT changing hands under the typical 1,066,930
Zacks Investment Research has downgraded Hospitality Properties Trust (NYSE:HPT) to Strong Sell in a statement released on Tuesday October 11, 2016.
On 5/11/2016, FBR Capital released a statement for Hospitality Properties Trust (NYSE:HPT) bumped up the target price from $30.00 to $31.00 that suggested an upside of 0.16%.
With a total market value of $0, Hospitality Properties Trust has price-earnings ratio of 33.42 with a one year low of $20.69 and a one year high of $32.32 .
A total of 5 equity analysts have released a ratings update on HPT. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, three equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $28.00.
Brief Synopsis About Hospitality Properties Trust (NYSE:HPT)
Hospitality Properties Trust is a real estate investment trust. The Company owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company's segments include hotel investments, travel center investments and corporate. The Company's properties are located in approximately 50 states in the United States, Canada and Puerto Rico. The Company's hotels are operated as Courtyard by Marriott, Royal Sonesta, Sonesta Hotels & Resorts, Candlewood Suites, Residence Inn by Marriott, Sonesta ES Suites, Crowne Plaza Hotels & Resorts, Staybridge Suites, Hyatt Place, Wyndham Grand, Wyndham Hotels & Resorts, InterContinental Hotels & Resorts, Marriott Hotels and Resorts, the Clift Hotel, Radisson Hotels & Resorts, TownePlace Suites by Marriott, Hawthorn Suites, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, SpringHill Suites by Marriott, and Park Plaza Hotels & Resorts.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.