Zacks Rating on Sunstone Hotel Investors (SHO)

Sunstone Hotel Investors (SHO) : Zacks Investment Research ranks Sunstone Hotel Investors (SHO) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.92, which indicates as a Buy.

Sunstone Hotel Investors (SHO) : The highest short term price target forecast on Sunstone Hotel Investors (SHO) is $16 and the lowest target price is $13. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $14.35 with a standard deviation of $1.11.


Sunstone Hotel Investors Inc. has dropped 0.36% in the last five trading days, however, the shares have posted positive gains of 0.51% in the last 4 weeks. Sunstone Hotel Investors Inc. is up 16.23% in the last 3-month period. Year-to-Date the stock performance stands at 10.51%. Sunstone Hotel Investors (NYSE:SHO): On Tuesdays trading session , Opening price of the stock was $13.8 with an intraday high of $13.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.67. However, the stock managed to close at $13.69, a loss of 0.44% for the day. On the previous day, the stock had closed at $13.75. The total traded volume of the day was 1,410,562 shares.

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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