National Bankshares Cuts American Hotel Income Properties REIT (TSE:HOT.UN) Price Target to C$3.75


American Hotel Income Properties REIT (TSE:HOT.UNGet Rating) had its target price dropped by stock analysts at National Bankshares from C$4.75 to C$3.75 in a report released on Wednesday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target points to a potential upside of 8.70% from the stock’s previous close.

A number of other analysts have also recently commented on HOT.UN. Royal Bank of Canada cut their price target on shares of American Hotel Income Properties REIT from C$4.25 to C$4.00 and set a “sector perform” rating for the company in a research note on Friday, May 13th. CIBC cut their price target on shares of American Hotel Income Properties REIT from C$4.00 to C$3.80 in a research note on Monday, June 27th. Scotiabank cut their price target on shares of American Hotel Income Properties REIT from C$5.00 to C$4.75 in a research note on Thursday, May 12th. Finally, TD Securities cut their price target on shares of American Hotel Income Properties REIT from C$4.75 to C$4.00 and set a “buy” rating for the company in a research note on Thursday, May 12th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$4.26.

American Hotel Income Properties REIT Stock Performance

Shares of HOT.UN opened at C$3.45 on Wednesday. American Hotel Income Properties REIT has a 12 month low of C$3.12 and a 12 month high of C$4.84. The firm has a fifty day simple moving average of C$3.50 and a 200 day simple moving average of C$3.88. The stock has a market capitalization of

Read the rest

National Bankshares Lowers American Hotel Income Properties REIT (TSE:HOT.UN) Price Target to C$3.75


American Hotel Income Properties REIT (TSE:HOT.UNGet Rating) had its target price decreased by National Bankshares from C$4.75 to C$3.75 in a research report report published on Wednesday morning, BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Other analysts have also recently issued research reports about the stock. TD Securities cut their price target on shares of American Hotel Income Properties REIT from C$4.75 to C$4.00 and set a buy rating on the stock in a report on Thursday, May 12th. CIBC cut their price target on shares of American Hotel Income Properties REIT from C$4.00 to C$3.80 in a report on Monday, June 27th. Scotiabank cut their price target on shares of American Hotel Income Properties REIT from C$5.00 to C$4.75 in a report on Thursday, May 12th. Finally, Royal Bank of Canada cut their price target on shares of American Hotel Income Properties REIT from C$4.25 to C$4.00 and set a sector perform rating on the stock in a report on Friday, May 13th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has an average rating of Hold and a consensus target price of C$4.26.

American Hotel Income Properties REIT Stock Down 0.9 %

Shares of American Hotel Income Properties REIT stock opened at C$3.45 on Wednesday. The company has a debt-to-equity ratio of 200.78, a quick ratio of 0.30 and a current ratio of 0.75. American Hotel Income Properties REIT has a 52-week low of C$3.12 and a 52-week high of C$4.84. The stock has a market capitalization of C$271.67 million and a price-to-earnings ratio of -33.17. The company’s 50 day moving average price is C$3.50 and its 200-day moving

Read the rest