RLJ Lodging (RLJ) Gets a Hold Rating from Wells Fargo


In a report released yesterday, Jeffrey Donnelly from Wells Fargo maintained a Hold rating on RLJ Lodging (RLJ). The company’s shares closed yesterday at $19.17, close to its 52-week low of $18.68.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 5.5% and a 60.5% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Hersha Hospitality Trust, and Host Hotels & Resorts.

RLJ Lodging has an analyst consensus of Moderate Buy, with a price target consensus of $23.33.

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The company has a one-year high of $23.97 and a one-year low of $18.68. Currently, RLJ Lodging has an average volume of 1.34M.

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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.

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