Orient Express Hotels PT Raised to $17.00 (OEH)
Equities research analysts at Deutsche Bank boosted their target price on shares of Orient Express Hotels (NYSE:OEH) from $15.00 to $17.00 in a research note issued to investors on Friday, Analyst Ratings Network.com reports. Deutsche Bank’s price objective suggests a potential upside of 18.80% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at McLean Capital Management downgraded shares of Orient Express Hotels from a “neutral” rating to a “sell” rating in a research note to investors on Friday, October 11th. Separately, analysts at TheStreet downgraded shares of Orient Express Hotels from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, August 21st. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Orient Express Hotels in a research note to investors on Monday, August 19th. They set a “neutral” rating and a $12.50 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Orient Express Hotels presently has a consensus rating of “Hold” and an average price target of $14.44.
Shares of Orient Express Hotels (NYSE:OEH) traded up 7.51% during mid-day trading on Friday, hitting $14.31. The stock had a trading volume of 3,109,725 shares. Orient Express Hotels has a one year low of $8.47 and a one year high of $14.60. The stock has a 50-day moving average of $13.07 and a 200-day moving average of $12.14. The company’s market cap is $1.478 billion.
Orient Express Hotels (NYSE:OEH) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.04. The company had revenue of $191.20 million for the quarter, compared to the consensus estimate of $176.31 million. On average, analysts predict that Orient Express Hotels will post $0.17 earnings per share for the current fiscal year.
Orient-Express Hotels Ltd.(NYSE:OEH) is a luxury hotel company and travel operator with exposure to national economies.
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