Deutsche Bank Sticks to Their Buy Rating for Extended Stay America (STAY)


Deutsche Bank analyst Chris Woronka maintained a Buy rating on Extended Stay America (STAY) yesterday and set a price target of $22. The company’s shares opened today at $14.41.

According to TipRanks.com, Woronka is a 2-star analyst with an average return of 0.0% and a 40.0% success rate. Woronka covers the Financial sector, focusing on stocks such as Hertz Global Holdings Inc, Park Hotels & Resorts Inc, and Hersha Hospitality Trust.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Extended Stay America with a $18.20 average price target, a 26.3% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $19 price target.

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The company has a one-year high of $21.43 and a one-year low of $12.88. Currently, Extended Stay America has an average volume of 1.92M.

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Extended Stay America, Inc. is engaged in owning and operating of hotels in North America. It operates through Extended Stay segment which focuses in lodging industry. The company was founded in January 1995 and is headquartered in Charlotte, NC.

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