Deutsche Bank analyst Chris Woronka maintained a Hold rating on Sunstone Hotel (SHO) today and set a price target of $16. The company’s shares closed yesterday at $14.87.
According to TipRanks.com, Woronka is a 1-star analyst with an average return of -0.8% and a 50.6% success rate. Woronka covers the Financial sector, focusing on stocks such as Park Hotels & Resorts Inc, Lasalle Hotel Properties, and Hersha Hospitality Trust.
Sunstone Hotel has an analyst consensus of Hold, with a price target consensus of $16.
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Based on Sunstone Hotel’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $89.21 million. In comparison, last year the company had a net profit of $7.85 million.
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Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and development of hotels and resorts. It operates under the following brands: Marriott, Hilton, and Hyatt. The company was founded by Robert A. Alter in 1985 and is headquartered in Aliso Viejo, CA.
