Extended Stay America (STAY) Receives a Buy from Nomura


In a report issued on August 6, Harry Curtis from Nomura maintained a Buy rating on Extended Stay America (STAY), with a price target of $20. The company’s shares opened today at $14.41.

According to TipRanks.com, Curtis is a 5-star analyst with an average return of 11.8% and a 61.2% success rate. Curtis covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment Limited, Marriott International, and Norwegian Cruise Line.

Extended Stay America has an analyst consensus of Strong Buy, with a price target consensus of $18.50, which is a 28.4% 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.

See today’s analyst top recommended stocks >>

Extended Stay America’s market cap is currently $2.78B and has a P/E ratio of 23.49. The company has a Price to Book ratio of 3.50.

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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts