FelCor Lodging Trust Given New $8.00 Price Target at Deutsche Bank (FCH)
Stock analysts at Deutsche Bank hoisted their price target on shares of FelCor Lodging Trust (NYSE:FCH) from $6.50 to $8.00 in a report issued on Monday, StockRatingsNetwork reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price suggests a potential downside of 1.96% from the stock’s previous close.
FelCor Lodging Trust (NYSE:FCH) traded down 7.60% during mid-day trading on Monday, hitting $7.54. The stock had a trading volume of 851,275 shares. FelCor Lodging Trust has a 52-week low of $4.71 and a 52-week high of $8.75. The stock’s 50-day moving average is $8.07 and its 200-day moving average is $6.77. The company’s market cap is $935.9 million.
FelCor Lodging Trust Incorporated is a real estate investment trust (NYSE:FCH).
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