B.Riley FBR analyst Bryan Maher maintained a Buy rating on Braemar Hotels & Resorts (BHR) yesterday and set a price target of $5.00. The company’s shares closed last Wednesday at $3.26.
According to TipRanks.com, Maher has 0 stars on 0-5 stars ranking scale with an average return of -7.0% and a 45.5% success rate. Maher covers the Financial sector, focusing on stocks such as Industrial Logistics Properties, Diversified Healthcare Trust, and Office Properties Income.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Braemar Hotels & Resorts with a $6.00 average price target.
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The company has a one-year high of $11.99 and a one-year low of $1.14. Currently, Braemar Hotels & Resorts has an average volume of 713.1K.
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Braemar Hotels & Resorts, Inc. operates as a real estate investment trust which engages in investing services primarily in high RevPAR, luxury, upper-upscale and upscale hotels. Its hotel properties include Hilton La Jolla Torrey Pines, Capital Hilton in Washington DC, Marriott Plano Legacy Town Center, Seattle Marriott Waterfront, Courtyard San Francisco Downtown, Courtyard Seattle Downtown, Courtyard Philadelphia Downtown, and Renaissance Tampa International Plaza. The company was founded By Montgomery Jack Bennett on April 2013 and is headquartered in Dallas, TX.
