RLJ Lodging (RLJ) Gets a Hold Rating from Raymond James

In a report released yesterday, William Crow from Raymond James maintained a Hold rating on RLJ Lodging (RLJ). The company’s shares closed last Thursday at $15.51.

According to TipRanks.com, Crow is a 4-star analyst with an average return of 12.4% and a 66.8% 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 Moderate Buy analyst consensus rating for RLJ Lodging with a $17.57 average price target, which is an 11.8% upside from current levels. In a report issued on April 26, Robert W. Baird also maintained a Hold rating on the stock with a $17.00 price target.

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The company has a one-year high of $17.51 and a one-year low of $7.22. Currently, RLJ Lodging has an average volume of 1.12M.

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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.

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