In a report released today, Dori Kesten from Wells Fargo maintained a Hold rating on RLJ Lodging (RLJ). The company’s shares closed last Tuesday at $8.36.
According to TipRanks.com, Kesten is a 2-star analyst with an average return of 1.8% and a 50.0% success rate. Kesten covers the Financial sector, focusing on stocks such as Xenia Hotels & Resorts, Park Hotels & Resorts, and Diamondrock.
Currently, the analyst consensus on RLJ Lodging is a Moderate Buy with an average price target of $11.06.
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RLJ Lodging’s market cap is currently $1.33B and has a P/E ratio of 31.70. The company has a Price to Book ratio of 0.51.
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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.
