Temple Hotels Price Target Lowered to C$6.25 at Laurentian (TPH)
Stock analysts at Laurentian decreased their target price on shares of Temple Hotels (TSE:TPH) from C$6.50 to C$6.25 in a report issued on Monday. The firm currently has a “buy” rating on the stock. Laurentian’s price target indicates a potential upside of 10.42% from the company’s current price.
A number of other firms have also recently commented on TPH. Analysts at LB Securities cut their price target on shares of Temple Hotels from C$6.50 to C$6.25 in a research note on Monday. Separately, analysts at M Partners cut their price target on shares of Temple Hotels from C$6.75 to C$6.25 in a research note on Friday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$6.86.
Shares of Temple Hotels (TSE:TPH) traded up 1.06% on Monday, hitting $5.72. The stock had a trading volume of 65,303 shares. Temple Hotels has a 1-year low of $5.39 and a 1-year high of $6.25. The stock has a 50-day moving average of $5.75 and a 200-day moving average of $5.78. The company has a market cap of $231.1 million and a price-to-earnings ratio of 566.00.
The company also recently announced a aug 14 dividend, which is scheduled for Monday, September 15th. Shareholders of record on Sunday, August 31st will be paid a dividend of $0.045 per share.
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