In a report released yesterday, William Crow from Raymond James maintained a Buy rating on RLJ Lodging (RLJ). The company’s shares closed last Wednesday at $8.59.
According to TipRanks.com, Crow is a 4-star analyst with an average return of 4.0% and a 61.9% success rate. Crow covers the Financial sector, focusing on stocks such as Washington Real Estate Investment, Easterly Government Properties, and Corporate Office Properties.
The word on The Street in general, suggests a Hold analyst consensus rating for RLJ Lodging with a $10.00 average price target.
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The company has a one-year high of $18.17 and a one-year low of $3.88. Currently, RLJ Lodging has an average volume of 1.18M.
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RLJ Lodging Trust is a real estate investment trust, with interests in hotels. It operates through the following hotel brands: Marriott, Hilton, and Hyatt or Wyndham . The company was founded by Robert L. Johnson on January 31, 2011 and is headquartered in Bethesda, MD.
