Temple Hotels Receives Consensus Recommendation of “Buy” from Brokerages (TSE:TPH)
Shares of Temple Hotels (TSE:TPH) have been given an average rating of “Buy” by the eight brokerages that are covering the stock, Stock Ratings Network.com reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$6.93.
A number of research firms have recently commented on TPH. Analysts at ING reiterated a “buy” rating on shares of Temple Hotels in a research note on Friday. They now have a C$8.00 price target on the stock, down previously from C$8.50. Separately, analysts at Paradigm Capital cut their price target on shares of Temple Hotels from C$8.50 to C$8.00 in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Laurentian cut their price target on shares of Temple Hotels from C$6.50 to C$6.25 in a research note on Friday. They now have a “buy” rating on the stock.
Temple Hotels (TSE:TPH) traded down 3.25% during mid-day trading on Monday, hitting $5.66. The stock had a trading volume of 217,015 shares. Temple Hotels has a one year low of $5.23 and a one year high of $6.25. The stock’s 50-day moving average is $5.95 and its 200-day moving average is $5.86. The company has a price-to-earnings ratio of 36.56.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.