Rating on Hersha Hospitality (NYSE:HT) is Hold. Its Reiterates by Stifel Nicolaus with $22 Target.

June 27, 2018 - By Jeanette Garcia

Hersha Hospitality Trust (NYSE:HT) Corporate Logo

Reiterated Hersha Hospitality (NYSE:HT) Rating.

New York: On 26 June, an analyst note was sent to investors of Hersha Hospitality (NYSE:HT). Its Hold Rating maintained by Stifel Nicolaus. Stock research analysts have TP of $22 which suggests 2.85 % upside potential on firm’s stock.

Hersha Hospitality Trust (NYSE:HT) Ratings Coverage

In total 7 analysts cover Hersha Hospitality Trust (NYSE:HT). “Buy” rating has 2, “Sell” are 1, while 4 are “Hold”. (NYSE:HT) has 29% bullish analysts. 13 are the (NYSE:HT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, April 26 the firm has “Buy” rating by DA Davidson given. On Thursday, May 31 the firm earned “Hold” rating by Jefferies. On Monday, February 12 the rating was maintained by Stifel Nicolaus with “Hold”. On Tuesday, April 24 the stock has “Hold” rating by Stifel Nicolaus. On Thursday, April 26 the firm has “Hold” rating by Raymond James given. The stock rating was maintained by Barclays Capital with “Underweight” on Thursday, April 26. On Tuesday, February 27 the stock of Hersha Hospitality Trust (NYSE:HT) earned “Buy” rating by Robert W. Baird. On Tuesday, June 26 the firm has “Hold” rating given by Stifel Nicolaus. On Tuesday, April 3 the company was maintained by Stifel Nicolaus. On Friday, June 22 the rating was maintained by DA Davidson with “Buy”.

Ticker’s shares touched $21.39 during the last trading session after 0.33% change.Currently Hersha Hospitality Trust is uptrending after 11.18% change in last June 27, 2017. HT has also 4,263 shares volume. The stock underperformed the S&P500 by 1.39%.

Hersha Hospitality Trust (NYSE:HT)’s earnings report is awaited by WallStreet on July, 24, RTT reports. Analysts predict $0.66 EPS, which is $0.11 down or 14.29 % from 2017’s $0.77 EPS. HT’s profit could hit $28.46M with 8.10 P/E in case $0.66 EPS is revealed. After $0.06 EPS report last quarter, Wall Street now forecasts 1,000.00 % EPS growth of Hersha Hospitality Trust.

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations.The firm is valued at $922.40 million. The Company's 49 hotels totaling 7,584 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.The P/E ratio is 20.87.

More recent Hersha Hospitality Trust (NYSE:HT) news were posted by Globenewswire.com, Globenewswire.com and Globenewswire.com. The first one has “Detailed Research: Economic Perspectives on Tetraphase Pharmaceuticals, Tech Data, Southern National Bancorp of …” as a title and was posted on June 21, 2018. The next is “Hersha Hospitality Trust to Report Second Quarter 2018 Earnings on July 24, 2018” on June 20, 2018. And last was posted on June 04, 2018, called “Hersha Hospitality Trust Announces Quarterly Dividends”.

Hersha Hospitality Trust (NYSE:HT) Analyst Ratings Chart

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