Analyst Rating Update on Sunstone Hotel Investors (SHO)

Sunstone Hotel Investors (NYSE:SHO) : The consensus on Sunstone Hotel Investors (NYSE:SHO) based on 11 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Sunstone Hotel Investors (NYSE:SHO) : The most positive equity analysts on Sunstone Hotel Investors (NYSE:SHO) expects the shares to touch $16, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $14.22 with an expected fluctuation of $1.06 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.

Sunstone Hotel Investors (NYSE:SHO): stock turned positive on Tuesday. Though the stock opened at $11.5, the bulls momentum made the stock top out at $11.83 level for the day. The stock recorded a low of $11.425 and closed the trading day at $11.56, in the green by 2.12%. The total traded volume for the day was 2,172,853. The stock had closed at $11.32 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Sunstone Hotel Investors, Inc., Russell Keith P had sold 10,000 shares worth of $115,400 in a transaction dated June 14, 2016. In this transaction, 10,000 shares were sold at $11.54 per share.

Sunstone Hotel Investors, Inc. is a self-managed and self-administered real estate investment trust (REIT). The Companys business is to acquire, own, asset manage and renovate full-service hotel and select focus-service hotel properties in the United States. The Company holds interests in approximately 30 hotels, which include around 14,303 rooms, located in 13 states and in Washington, DC. The hotels are operated under the brands, including Marriott, Hilton, Hyatt, Fairmont and Sheraton, among others. Its portfolio includes upper upscale hotels in the United States. Its 30 hotels include around 27 upper upscale, two luxury and one upscale hotel. The Companys property portfolio includes Boston Park Plaza, Courtyard by Marriott Los Angeles, Doubletree Guest Suites Times Square, Embassy Suites Chicago, Embassy Suites La Jolla, Fairmont Newport Beach Marriott Houston, Marriott Wailea, Marriott Park City, Renaissance Harborplace and Renaissance Los Angeles Airport, among others.

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