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Somewhat Positive Media Coverage Somewhat Unlikely to Impact Red Lion Hotels Corporation (RLH) Share Price
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Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Red Lion Hotels Corporation (RLH) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Red Lion Hotels Corporation (RLH) Given a $13.00 Price Target at B. Riley (americanbankingnews.com)
- RED LION HOTELS CORPORATION (NYSE:RLH) Files An 8-K Entry into a Material Definitive Agreement (4-traders.com)
- BRIEF-Red Lion Hotels, unit enter into asset purchase agreement with Paciolan (RLH) (markets.businessinsider.com)
A number of analysts recently commented on RLH shares. Zacks Investment Research upgraded Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.25 price objective for the company in a research report on Wednesday, June 7th. B. Riley set a $13.00 price objective on Red Lion Hotels Corporation and gave the stock a “buy” rating in a research report on Thursday. Finally, TheStreet upgraded Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research report on Friday, August 4th.
Shares of Red Lion Hotels Corporation (NYSE:RLH) opened at 6.95 on Friday. 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 company’s 50-day moving average price is $7.12 and its 200-day moving average price is $6.98.
Red Lion Hotels Corporation (NYSE:RLH) last announced its earnings results on Thursday, August 3rd. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative return on equity of 2.20% and a negative net margin of 2.12%. The business had revenue of $48.53 million during the quarter, compared to the consensus estimate of $49.94 million. Analysts expect that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current year.
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Red Lion Hotels Corporation Company Profile
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).