Media headlines about Hersha Hospitality Trust (NYSE:HT) have trended somewhat negative on Tuesday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a news impact score of 0.00 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.0464600470794 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Hersha Hospitality Trust (HT) opened at $17.35 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.10. Hersha Hospitality Trust has a 1-year low of $17.15 and a 1-year high of $22.14. The stock has a market capitalization of $727.34, a PE ratio of 7.95, a P/E/G ratio of 2.13 and a beta of 1.35.
Several equities research analysts have recently weighed in on the company. B. Riley reissued a “buy” rating on shares of Hersha Hospitality Trust in a research report on Wednesday, November 1st. Zacks Investment Research lowered Hersha Hospitality Trust from a “hold” rating to a “strong sell” rating in a research note on Monday. DA Davidson assumed coverage on Hersha Hospitality Trust in a research note on Friday, September 29th. They issued a “buy” rating and a $21.00 target price for the company. BidaskClub upgraded Hersha Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $19.00 price objective on shares of Hersha Hospitality Trust in a research note on Thursday, October 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. Hersha Hospitality Trust has an average rating of “Hold” and a consensus price target of $19.60.
Hersha Hospitality Trust Company Profile
Hersha Hospitality Trust is a self-advised real estate investment trust (REIT). The Company invests primarily in institutional grade hotels in urban gateway markets, including New York, Washington, District of Columbia, Boston, Philadelphia, South Florida and select markets on the West Coast. As of July 20, 2017, the Company’s hotels included 51 hotels totaling 7,804 rooms located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.
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