Red Lion Hotels Corporation (NYSE:RLH) received a $13.00 target price from equities researchers at B. Riley in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. B. Riley’s price target would suggest a potential upside of 87.05% from the company’s current price.

RLH has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.25 price target for the company in a research report on Wednesday, June 7th. TheStreet upgraded shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research report on Friday, August 4th.

Red Lion Hotels Corporation (RLH) traded down 2.80% during trading on Thursday, reaching $6.95. The company’s stock had a trading volume of 61,277 shares. Red Lion Hotels Corporation has a 52-week low of $6.15 and a 52-week high of $9.40. The stock’s market cap is $164.10 million. The firm’s 50-day moving average is $7.13 and its 200-day moving average is $6.99.

Red Lion Hotels Corporation (NYSE:RLH) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%. The company had revenue of $48.53 million during the quarter, compared to the consensus estimate of $49.94 million. Equities research analysts forecast that Red Lion Hotels Corporation will post ($0.20) EPS for the current year.

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Several large investors have recently added to or reduced their stakes in the stock. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in Red Lion Hotels Corporation during the second quarter worth $434,000. State Street Corp increased its stake in Red Lion Hotels Corporation by 25.6% in the fourth quarter. State Street Corp now owns 178,998 shares of the company’s stock worth $1,495,000 after buying an additional 36,471 shares during the last quarter. TFS Capital LLC increased its stake in Red Lion Hotels Corporation by 93.8% in the first quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock worth $157,000 after buying an additional 10,764 shares during the last quarter. Wellington Management Group LLP increased its stake in Red Lion Hotels Corporation by 0.9% in the first quarter. Wellington Management Group LLP now owns 721,743 shares of the company’s stock worth $5,088,000 after buying an additional 6,100 shares during the last quarter. Finally, CWH Capital Management Inc. increased its stake in Red Lion Hotels Corporation by 5.7% in the first quarter. CWH Capital Management Inc. now owns 37,373 shares of the company’s stock worth $263,000 after buying an additional 2,000 shares during the last quarter. Institutional investors own 63.58% of the company’s stock.

About Red Lion Hotels Corporation

RLH Corporation (RLHC), formerly Red Lion Hotels Corporation, is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands).

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