Temple Hotels Receives Consensus Recommendation of “Buy” from Analysts (TSE:TPH)
Temple Hotels (TSE:TPH) has earned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the stock, AnalystRatingsNetwork reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$7.00.
A number of research firms have recently commented on TPH. Analysts at Laurentian raised their price target on shares of Temple Hotels from C$6.25 to C$6.50 in a research note on Thursday, July 31st. They now have a “buy” rating on the stock. Separately, analysts at LB Securities raised their price target on shares of Temple Hotels from C$6.25 to C$6.50 in a research note on Thursday, July 31st. They now have a “buy” rating on the stock. Finally, analysts at ING Group reiterated a “buy” rating on shares of Temple Hotels in a research note on Friday, May 16th. They now have a C$8.00 price target on the stock, down previously from C$8.50.
Temple Hotels (TSE:TPH) opened at 5.78 on Friday. Temple Hotels has a 52-week low of $5.26 and a 52-week high of $6.25. The stock’s 50-day moving average is $5.70 and its 200-day moving average is $5.78. The company has a market cap of $233.5 million and a P/E ratio of 575.00.
The company also recently declared a jul 14 dividend, which is scheduled for Friday, August 15th. Stockholders of record on Thursday, July 31st will be given a dividend of $0.045 per share.
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