Deutsche Bank analyst Chris Woronka maintained a Hold rating on RLJ Lodging (RLJ) on March 1 and set a price target of $21. The company’s shares opened today at $18.32.
According to TipRanks.com, Woronka is a 3-star analyst with an average return of 1.2% and a 57.3% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hertz Global Holdings Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RLJ Lodging with a $23.50 average price target.
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The company has a one-year high of $23.97 and a one-year low of $15.91. Currently, RLJ Lodging has an average volume of 1.61M.
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RLJ Lodging Trust is a real estate investment trust, with interests in hotels. It operates through the Marriott, Hilton, and Hyatt or Wyndham hotel brands. The company was founded by Robert L. Johnson on January 31, 2011 and is headquartered in Bethesda, MD.
