In a report issued on November 7, Carlo Santarelli from Deutsche Bank maintained a Hold rating on Belmond Ltd (BEL), with a price target of $17. The company’s shares closed on Friday at $18.24, close to its 52-week high of $19.36.
According to TipRanks.com, Santarelli is a 4-star analyst with an average return of 6.9% and a 57.5% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Penn National Gaming.
The word on The Street in general, suggests a Hold analyst consensus rating for Belmond Ltd with a $18.50 average price target.
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The company has a one-year high of $19.36 and a one-year low of $10.30. Currently, Belmond Ltd has an average volume of 856.7K.
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Belmond Ltd. is a hotel and travel company, which operates hotel, river cruise, safari and luxury rail businesses. Its hotels include Belmond Grand Hotel Europe, Belmond Copacabana Palace, Belmond Maroma Resort & Spa, and Belmond El Encanto, Santa Barbara; and tourist trains include VSOE, the Eastern & Oriental Express and Belmond Royal Scotsman.
