Short Term Rating on Hospitality Properites Trust (HPT)

Hospitality Properites Trust (HPT) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Hospitality Properites Trust (HPT) : 4 Wall Street analysts covering Hospitality Properites Trust (HPT) believe that the average level the stock could reach for the short term is $28.5. The maximum price target given is $31 and the minimum target for short term is around $26, hence the standard deviation is calculated at $2.08.

Company shares have received an average consensus rating of Hold for the current week


Hospitality Properites Trust (NYSE:HPT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.43 and $30.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.82, notching a gain of 1.28% for the day. The total traded volume was 1,121,385 . The stock had closed at $30.43 on the previous day.

Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers, all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Companys properties are located in 44 states in the United States, Canada and Puerto Rico.

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