American Hotel Income Properties REIT’s (HOT.UN) Outperform Rating Reiterated at BMO Capital Markets

BMO Capital Markets reiterated their outperform rating on shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) in a research note published on Wednesday morning. The firm currently has a C$9.00 price objective on the stock.

A number of other research firms have also recently commented on HOT.UN. Royal Bank Of Canada reaffirmed a sector perform rating and set a C$10.00 target price on shares of American Hotel Income Properties REIT in a research note on Monday, October 30th. Scotiabank cut their target price on American Hotel Income Properties REIT from C$10.00 to C$9.80 and set a sector perform rating on the stock in a research note on Monday, November 13th. National Bank Financial cut their target price on American Hotel Income Properties REIT from C$12.50 to C$11.50 and set an outperform rating on the stock in a research note on Tuesday, August 22nd. Canaccord Genuity set a C$10.75 target price on American Hotel Income Properties REIT and gave the company a buy rating in a research note on Friday, August 11th. Finally, TD Securities set a C$11.50 target price on American Hotel Income Properties REIT and gave the company a buy rating in a research note on Friday, August 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of C$10.43.

Shares of American Hotel Income Properties REIT (TSE:HOT.UN) opened at C$9.24 on Wednesday. American Hotel Income Properties REIT has a 52-week low of C$8.93 and a 52-week high of C$10.92.

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About American Hotel Income Properties REIT

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc (U.S.

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