Apple Hospitality REIT, Inc. (APLE) Near Bearish Double Bottom Pattern At $17.95

June 29, 2018 - By Matthew Medley

Apple Hospitality REIT, Inc. (APLE) chart shows a double bottom technical setup with $17.05 Target. That’s 5.00 % below today’s $17.95 share price. Apple Hospitality REIT, Inc. (APLE) has $4.14 billion MC. On Jun, 29 the double bottom technical setup was reported by Finviz.com. If our $17.05 Target is hit APLE’s valuation can change by $206.75M.

APLE reached $17.95 during the last trading session after $0.11 change.Currently Apple Hospitality REIT, Inc. is uptrending after 1.38% change in last June 29, 2017. APLE has also 1.00 million shares volume. APLE underperformed the S&P500 by 11.19%.

On August, 6 Apple Hospitality REIT, Inc. (NYSE:APLE)’s earnings report is expected by WallStreet, Zacks reports. earnings per share of $0.51 is 0.00 % from 2017’s $0.51 EPS. In case of $0.51 earnings per share APLE’s profit could hit $117.48 million. 34.21 % EPS growth is what Wall Street’s sees after $0.38 reported EPS last quarter.

Apple Hospitality REIT, Inc. (NYSE:APLE) Ratings Coverage

A total of 3 analysts rate Apple Hospitality REIT (NYSE:APLE) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. The firm has $21.0 highest and $20.0 lowest target. The avg target $20 is 11.42% above the last ($17.95) price. (NYSE:APLE) has 5 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, February 27 Barclays Capital maintained Apple Hospitality REIT, Inc. (NYSE:APLE) rating. Barclays Capital has “Equal-Weight” rating and $20 target. The stock rating was maintained by Robert W. Baird with “Buy” on Monday, February 26. The stock rating was maintained by Robert W. Baird with “Buy” on Friday, January 12.

A couple more Apple Hospitality REIT, Inc. (NYSE:APLE) news were brought out by: Businesswire.com which released on June 26, 2018 “Apple Hospitality REIT Recognized with 2017 Hilton Top Performer Award”, also Streetinsider.com on June 29, 2018 brought out “Apple Hospitality REIT (APLE) Announces Acquisition of Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwood …”, the next Seekingalpha.com is “Time To Take Another Bite At Apple Hospitality” on June 11, 2018. Seekingalpha.com has article titled “Apple Hospitality REIT: Buy The Drop?”.

Apple Hospitality REIT, Inc. (NYSE:APLE) Analyst Ratings Chart

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