B.Riley FBR analyst Bryan Maher reiterated a Buy rating on Ashford Hospitality Trust (NYSE: AHT) today and set a price target of $8. The company’s shares closed on Friday at $6.97.
According to TipRanks.com, Maher is a 4-star analyst with an average return of 4.1% and a 63.7% success rate. Maher covers the Financial sector, focusing on stocks such as Industrial Logistics Properties Trust, Government Properties Income Trust, and Senior Housing Properties Trust.
Ashford Hospitality Trust has an analyst consensus of Moderate Buy, with a price target consensus of $8.
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The company has a one-year high of $8.66 and a one-year low of $5.42. Currently, Ashford Hospitality Trust has an average volume of 522.7K.
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Ashford Hospitality Trust, Inc. is a real estate investment trust, which invests in the hospitality industry. It invests in lodging-related assets; direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition; sale-leaseback transactions; and other hospitality transactions.
