Deutsche Bank Maintains a Hold Rating on Chesapeake Lodging (CHSP)


In a report issued on February 22, Chris Woronka from Deutsche Bank maintained a Hold rating on Chesapeake Lodging (CHSP), with a price target of $30. The company’s shares closed on Friday at $30.28.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 2.1% and a 58.6% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Host Hotels & Resorts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chesapeake Lodging with a $30.50 average price target, representing a 0.7% upside. In a report issued on February 21, Wells Fargo also maintained a Hold rating on the stock.

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Chesapeake Lodging’s market cap is currently $1.83B and has a P/E ratio of 16.28. The company has a Price to Book ratio of 1.71.

Based on the recent corporate insider activity of 29 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.

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