In a report released yesterday, Anthony Powell from Barclays maintained a Buy rating on RLJ Lodging (RLJ), with a price target of $24. The company’s shares closed yesterday at $18.05.
According to TipRanks.com, Powell is a 4-star analyst with an average return of 8.6% and a 64.3% success rate. Powell covers the Financial sector, focusing on stocks such as Park Hotels & Resorts Inc, Host Hotels & Resorts, and Pebblebrook Hotel.
RLJ Lodging has an analyst consensus of Moderate Buy, with a price target consensus of $22.67.
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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 1.55M.
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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.
