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Shares of DiamondRock Hospitality Company (NYSE:DRH) have earned an average rating of “Hold” from the sixteen analysts that are covering the company, American Banking and Market News reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $12.31.

DRH has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of DiamondRock Hospitality Company in a research note on Wednesday, August 20th. They now have a $13.25 price target on the stock, up previously from $13.00. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of DiamondRock Hospitality Company in a research note on Monday, August 18th. They now have a $14.00 price target on the stock, up previously from $13.00. Finally, analysts at ISI Group initiated coverage on shares of DiamondRock Hospitality Company in a research note on Wednesday, July 23rd. They set a “neutral” rating and a $3.00 price target on the stock.

In other DiamondRock Hospitality Company news, CFO Sean M. Mahoney sold 20,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $13.25, for a total transaction of $265,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of DiamondRock Hospitality Company (NYSE:DRH) opened at 13.32 on Tuesday. DiamondRock Hospitality Company has a 52 week low of $9.52 and a 52 week high of $13.40. The stock has a 50-day moving average of $12.85 and a 200-day moving average of $12.43. The company has a market cap of $2.607 billion and a price-to-earnings ratio of 27.75.

DiamondRock Hospitality Company (NYSE:DRH) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.01. The company had revenue of $229.93 million for the quarter, compared to the consensus estimate of $231.99 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. Analysts expect that DiamondRock Hospitality Company will post $0.87 EPS for the current fiscal year.

DiamondRock Hospitality Company, is a lodging-focused Maryland corporation operating as a real estate investment trust (NYSE:DRH).

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