Ashford Hospitality Prime Receives New Coverage from Analysts at SunTrust (AHP)
Equities research analysts at SunTrust started coverage on shares of Ashford Hospitality Prime (NYSE:AHP) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Craig Hallum initiated coverage on shares of Ashford Hospitality Prime in a research note on Wednesday, January 29th. They set a “buy” rating on the stock. Separately, analysts at R. F. Lafferty upgraded shares of Ashford Hospitality Prime from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, analysts at MLV Capital initiated coverage on shares of Ashford Hospitality Prime in a research note on Tuesday, December 3rd. They set a “hold” rating and a $23.00 price target on the stock.
Ashford Hospitality Prime (NYSE:AHP) traded up 0.18% during mid-day trading on Tuesday, hitting $16.4999. 154,508 shares of the company’s stock traded hands. Ashford Hospitality Prime has a 1-year low of $15.70 and a 1-year high of $23.28. The stock’s 50-day moving average is $17.41 and its 200-day moving average is $19.06. The company’s market cap is $398.1 million.
Ashford Hospitality Prime, Inc (NYSE:AHP) invests primarily in revenue per available room (RevPAR), luxury, upper-upscale and upscale hotels.
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