Breaking Finance News

RBC Capital disclosed (:HT) Hersha Hospitality Trust, cutting its stock price target to $21 today

Displaying a price of $20.01, Hersha Hospitality Trust (:HT) traded 2.14% higher on the day. With the last stock price close up 4.47% from the 200-day moving average, compared to the S&P 500 Index which has increased 0.00% over the same period. Hersha Hospitality Trust has been tracking to a 50-day moving average of $18.32 and two hundred day moving average of $19.15. 475,448 shares of the stock traded, down from an average trading volume of 626,164

RBC Capital lowered the estimated target of Hersha Hospitality Trust (:HT) to $21, stating a possible upside of 0.05%,

Recent Performance Graph:

Hersha Hospitality Trust (:HT)

In addition to RBC Capital reporting it’s stock price target, a total of 11 analysts have issued a ratings update on the stock. The average target stock price is $23.09 with three analysts rating the stock a strong buy, one firm rating the stock a buy, nine firms rating the stock a hold, zero rating the stock to underperform, and finally zero analystsrating the stock as sell.

With a market cap of $849.0M, Hersha Hospitality Trust has a price-earnings of 8 with a 52 week low of $15.36 and a 52 week high of $26.25.

Brief Synopsis About Hersha Hospitality Trust (:HT)

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.