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Chesapeake Lodging Trust (NASDAQ:CHSP)‘s stock had its “market perform” rating reiterated by research analysts at FBR Capital Markets in a report released on Tuesday. They currently have a $29.00 target price on the stock, down from their previous target price of $30.00. FBR Capital Markets’ price target would indicate a potential downside of 2.78% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at JMP Securities reiterated a “market outperform” rating on shares of Chesapeake Lodging Trust in a research note on Tuesday. They now have a $32.00 price target on the stock, up previously from $30.00. Separately, analysts at SunTrust raised their price target on shares of Chesapeake Lodging Trust from $28.00 to $30.00 in a research note on Tuesday. Finally, analysts at RBC Capital raised their price target on shares of Chesapeake Lodging Trust from $29.00 to $32.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Chesapeake Lodging Trust currently has a consensus rating of “Buy” and a consensus price target of $29.96.

Shares of Chesapeake Lodging Trust (NASDAQ:CHSP) traded down 4.42% on Tuesday, hitting $29.21. 430,280 shares of the company’s stock traded hands. Chesapeake Lodging Trust has a 1-year low of $21.72 and a 1-year high of $31.07. The stock’s 50-day moving average is $30.30 and its 200-day moving average is $27.53. The company has a market cap of $1.430 billion and a P/E ratio of 37.04.

Chesapeake Lodging Trust (NASDAQ:CHSP) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.30. The company had revenue of $128.90 million for the quarter, compared to the consensus estimate of $129.99 million. The company’s quarterly revenue was up 11.5% on a year-over-year basis. On average, analysts predict that Chesapeake Lodging Trust will post $0.90 earnings per share for the current fiscal year.

Chesapeake Lodging Trust (NASDAQ:CHSP) is a self-advised real estate investment trust (REIT).

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