LaSalle Hotel Properties PT Raised to $33.00 at ISI Group (LHO)
Equities research analysts at ISI Group raised their price target on shares of LaSalle Hotel Properties (NYSE:LHO) from $1.00 to $33.00 in a research note issued to investors on Thursday, Analyst Ratings Net reports. ISI Group’s price target would indicate a potential upside of 10.00% from the stock’s previous close.
Separately, analysts at Ned Davis Research downgraded shares of LaSalle Hotel Properties from a “neutral” rating to a “sell” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. LaSalle Hotel Properties presently has a consensus rating of “Hold” and a consensus target price of $30.81.
Shares of LaSalle Hotel Properties (NYSE:LHO) traded down 0.20% during mid-day trading on Thursday, hitting $29.94. 35,892 shares of the company’s stock traded hands. LaSalle Hotel Properties has a 52-week low of $22.84 and a 52-week high of $32.21. The stock’s 50-day moving average is $30.50 and its 200-day moving average is $29.68. The company has a market cap of $2.882 billion and a price-to-earnings ratio of 42.49.
LaSalle Hotel Properties (NYSE:LHO) last announced its earnings results on Wednesday, February 19th. The company reported $0.55 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.55. On average, analysts predict that LaSalle Hotel Properties will post $2.52 earnings per share for the current fiscal year.
Lasalle Hotel Properties is a self-managed and self-administered real estate investment trust (NYSE:LHO).
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