In a report issued on November 26, Michael Bellisario from Robert W. Baird reiterated a Buy rating on Xenia Hotels & Resorts (XHR), with a price target of $25. The company’s shares closed yesterday at $20.44.
According to TipRanks.com, Bellisario is a 3-star analyst with an average return of 3.2% and a 51.1% success rate. Bellisario covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hersha Hospitality Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xenia Hotels & Resorts with a $25.33 average price target.
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The company has a one-year high of $25.90 and a one-year low of $19.09. Currently, Xenia Hotels & Resorts has an average volume of 469.5K.
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Xenia Hotels & Resorts, Inc. is a real estate investment trust company, which engages in the investment in premium services, lifestyle, and urban upscale hotels. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.