American Hotel Income Properties REIT (HOT.UN) Trading Up 0.1%

American Hotel Income Properties REIT LP (TSE:HOT.UN) was up 0.1% on Wednesday . The company traded as high as C$9.06 and last traded at C$9.05. Approximately 27,567 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 150,054 shares. The stock had previously closed at C$9.04.

Several research firms have weighed in on HOT.UN. Scotiabank cut their price objective 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 report on Monday, November 13th. Royal Bank Of Canada restated a “sector perform” rating and issued a C$10.00 target price on shares of American Hotel Income Properties REIT in a research note on Monday, October 30th. Canaccord Genuity set a C$10.75 price objective on American Hotel Income Properties REIT and gave the company a “buy” rating in a research note on Friday, August 11th. TD Securities set a C$11.50 target price on American Hotel Income Properties REIT and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, National Bank Financial cut their price objective on American Hotel Income Properties REIT from C$12.50 to C$11.50 and set an “outperform” rating for the company in a report on Tuesday, August 22nd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$10.43.

COPYRIGHT VIOLATION WARNING: “American Hotel Income Properties REIT (HOT.UN) Trading Up 0.1%” was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.com-unik.info/2017/12/06/american-hotel-income-properties-reit-hot-un-trading-up-0-1.html.

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.

What are top analysts saying about American Hotel Income Properties REIT LP? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for American Hotel Income Properties REIT LP and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit