Wells Fargo Keeps Their Hold Rating on Diamondrock (DRH)
Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on Diamondrock (DRH) on July 21. The company’s shares opened today at $9.93.
According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 12.2% and a 67.6% success rate. Donnelly covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Camden Property Trust, and American Assets Trust.
Diamondrock has an analyst consensus of Hold, with a price target consensus of $12.
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The company has a one-year high of $12.38 and a one-year low of $8.70. Currently, Diamondrock has an average volume of 1.96M.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.
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DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. It engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in July 2004 and is headquartered in Bethesda, MD.