Wells Fargo Maintains Their Hold Rating on Chesapeake Lodging (CHSP)


Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on Chesapeake Lodging (CHSP) yesterday. The company’s shares closed yesterday at $29.43.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 6.2% and a 71.9% success rate. Donnelly covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Host Hotels & Resorts, and Camden Property Trust.

Chesapeake Lodging has an analyst consensus of Moderate Buy, with a price target consensus of $31.

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Chesapeake Lodging’s market cap is currently $1.78B and has a P/E ratio of 15.82. The company has a Price to Book ratio of 1.66.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Chesapeake Lodging Trust engages in the management and operation of hotels. Its portfolio includes The Royal Palm, Hyatt Regency, Le Meridien, JW Marriott, Hotel Adagio, Ace Hotel, Hilton Checkers, Homewood Suites, and Hotel Indigo. The company was founded by Douglas W. Vicari and James L. Francis on June 12, 2009 and is headquartered in Annapolis, MD.

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