In a report released yesterday, Jeffrey Donnelly from Wells Fargo maintained a Hold rating on Chesapeake Lodging (CHSP). The company’s shares closed yesterday at $26.83.
According to TipRanks.com, Donnelly is a 3-star analyst with an average return of 4.3% and a 59.2% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Hersha Hospitality Trust, and Camden Property Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chesapeake Lodging with a $31 average price target.
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The company has a one-year high of $33.81 and a one-year low of $23.68. Currently, Chesapeake Lodging has an average volume of 367.2K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.
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Chesapeake Lodging Trust engages in the management and operation of hotels. Its portfolio includes The Royal Palm, Hyatt Regency, Le Meridien, JW Marriott, Hotel Adagio, Ace Hotel, Hilton Checkers, Homewood Suites, and Hotel Indigo. The company was founded by Douglas W. Vicari and James L. Francis on June 12, 2009 and is headquartered in Annapolis, MD.
