American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Given Consensus Rating of “Hold” by Analysts

American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Rating) has received a consensus recommendation of “Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $5.00.

Several equities research analysts have weighed in on the stock. Scotiabank cut their target price on shares of American Hotel Income Properties REIT from C$5.00 to C$4.75 in a report on Thursday, May 12th. National Bank Financial lowered their price objective on shares of American Hotel Income Properties REIT to C$4.75 in a research report on Wednesday, May 18th.

Shares of American Hotel Income Properties REIT stock remained flat at $$2.80 on Tuesday. 3,001 shares of the stock traded hands, compared to its average volume of 7,300. The company has a 50 day moving average of $3.13 and a 200 day moving average of $3.17. American Hotel Income Properties REIT has a 1 year low of $2.51 and a 1 year high of $3.99.

About American Hotel Income Properties REIT (Get Rating)

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's 78 premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.

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