Ashford Hospitality Trust Upgraded to Buy at Craig Hallum (AHT)
Ashford Hospitality Trust (NYSE:AHT) was upgraded by stock analysts at Craig Hallum from a “hold” rating to a “buy” rating in a report issued on Wednesday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on AHT. Analysts at Zacks upgraded shares of Ashford Hospitality Trust from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 30th. They now have a $8.50 price target on the stock. Separately, analysts at MLV Capital cut their price target on shares of Ashford Hospitality Trust from $16.00 to $11.00 in a research note to investors on Tuesday, December 3rd. They now have a “buy” rating on the stock. Finally, analysts at TheStreet downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note to investors on Tuesday, November 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Ashford Hospitality Trust has an average rating of “Hold” and a consensus price target of $12.50.
Ashford Hospitality Trust (NYSE:AHT) traded up 3.09% on Wednesday, hitting $9.02. The stock had a trading volume of 1,172,680 shares. Ashford Hospitality Trust has a 52 week low of $7.4161 and a 52 week high of $9.5705. The stock has a 50-day moving average of $8.38 and a 200-day moving average of $8.27. The company’s market cap is $726.7 million.
Ashford Hospitality Trust, Inc, (NYSE:AHT) together with its subsidiaries, is a self-administered real estate investment trust (REIT) focused on investing in the hospitality industry.
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