RLJ Lodging Trust (NYSE:RLJ) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 11, 2016
Just yesterday RLJ Lodging Trust (NYSE:RLJ) traded -2.27% lower at $20.80. RLJ Lodging Trust’s 50-day moving average is $21.99 and its 200-day moving average is $21.96. The last stock price is down -6.07% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 236,780 shares of RLJ traded hands, down from an average trading volume of 1,070,340
Zacks Investment Research has upgraded RLJ Lodging Trust (NYSE:RLJ) to Hold in a report released on Tuesday October 11, 2016.
Recent Performance Chart
RLJ Lodging Trust has 52 week low of $16.15 and a 52 week high of $27.26 with a PE ratio of 13.10 and has a market capitalization of $0.
A total of 8 analysts have released a report on the company. 4 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, two equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $23.63.
About RLJ Lodging Trust (NYSE:RLJ)
RLJ Lodging Trust is a real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. The Company owns approximately 130 hotels with over 20,900 rooms, located in approximately 20 states and the District of Columbia, and an interest in a mortgage loan secured by a hotel. Its hotels' brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Marriott and Renaissance by Marriott; Hilton Garden Inn, Embassy Suites, DoubleTree, Hilton and Homewood Suites by Hilton, and Hyatt House, Hyatt Place and Hyatt by Hyatt. Its operating partnership is RLJ Lodging Trust, L.P. The Company's properties include Courtyard San Francisco, Hyatt House Cypress Anaheim, Hyatt House Emeryville San Francisco Bay Area, Hyatt House San Ramon and Hyatt House Santa Clara in California, and Renaissance Boulder Flatiron Hotel, Residence Inn Boulder Louisville, Residence Inn Longmont Boulder and SpringHill Suites Boulder Longmont in Colorado.
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