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

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